Gold futures started higher on the New York Mercantile Exchange after the euro recovered some losses from the previous session. However, gold faces resistance around $1,700 per ounce. Recent signs of an improving US economy have boosted stocks and reduced safe-haven demand for gold. Most metals markets look bearish according to trading tips, with gold and silver recommended to be sold around $1,666 and $31.59, respectively.

1. COMEX
REPORT
REPORT
7 FEBRUARY 2013
tH

2. NEWS RADAR
Gold futures started New York trading with a positive tilt on Tuesday
after the euro managed to claw back some of the significant losses
accrued during yesterday’s session.Still, the yellow metal still faces stiff
resistance on the climb to $1,700 per ounce.Gold for April delivery on
the Comex division of the New York Mercantile Exchange was last up
$6.70 at $1,683.10 per ounce.“Gold remains range-bound,” Standard
Bank said in a note. “The metal seems caught between the real
economy and the monetary economy. Growing economic confidence is
capping upside for the metal, while monetary easing is adding
support.”Recent indicators have pointed to an US economy on the
mend, it argued. This perceived improvement led to the strong rally in
equities in January that dampened safe-haven demand, which had been
such a major factor in the bull market over the past five years.
TRADING TIPS EXPERT OPINION
 SELL GOLD BELOW 1666  GOLD LOOKS BEARISH
TGS 1660/1654 SL 1672  SILVER LOOKS BEARISH
 SELL SILVER BELOW 31.59  CRUDE OIL LOOKS BEARISH
TGS 31.34/31.09 SL 31.84  COPPER LOOKS BEARISH
 SELL COPPER BELOW 3.7280  NGAS LOOKS BULLISH
TGS 3.7080/3.6880 SL  LEAD LOOKS BEARISH
3.7680  NICKEL LOOKS BEARISH
 SELL CRUDE BELOW 95.85  ALUMINIUM LOOKS BEARISH
TGS 95.45/95.05 SL 96.25  ZINC LOOKS BEARISH

3. GOLD HOURLY CHART
S1 S2 R1 R2
1662 1656 1674 1680
GOLD LOOKS BEARISH SELL AROUND 1666.00
LEVEL IS SUGGESTED AND RECOMMENDED TO
BOOK PROFIT NEAR 1660.00 LEVEL AND
MAINTAINING SL OF 1672.00

4. SILVER HOURLY CHART
S1 S2 R1 R2
31.30 31.00 31.90 32.20
SILVER LOOKS BEARISH SELL AROUND 31.59 LEVEL
IS SUGGESTED AND RECOMMENDED TO BOOK
PROFIT NEAR 31.34 LEVEL AND MAINTAINING SL
OF 31.84

5. COPPER HOURLY CHART
S1 S2 R1 R2
3.7130 3.6930 3.7530 3.7730
COPPER LOOKS BEARISH SELL AROUND 3.7280
LEVEL IS SUGGESTED AND RECOMMENDED TO
BOOK PROFIT NEAR 3.7080 LEVEL AND
MAINTAINING SL OF 3.7480
0

6. CRUDE OIL HOURLY CHART
S1 S2 R1 R2
95.60 95.20 96.40 96.80
CRUDE LOOKS BEARISH SELL AROUND 95.85 LEVEL
IS SUGGESTED AND RECOMMENDED TO BOOK
PROFIT NEAR 95.45 LEVEL AND MAINTAINING SL
OF 96.25

7. MARKET STATISTICS
OPEN HIGH LOW CLOSE
GOLD 1674.05 1684.70 1666.46 1672.07
SILVER 31.73 32.08 31.59 31.77
CRUDE 96.11 97.05 95.89 96.64
COPPER 3.7538 3.7720 3.7460 3.7638
NGAS 3.325 3.423 3.314 3.416
ALUMINIUM 2111.38 2119.63 2098.38 2115.01
LEAD 2447.88 2467.88 2433.00 2460.88
NICKEL 18590.00 18750.00 18474.50 18731.50
ECONOMIC CALENDAR
DATE CURRENCY FORECAST PREVIOUS
Feb 7 EUR EU Economic Summit
Feb 7 EUR ECB Press Conference
Feb 7 USD Unemployment Claims 361K 368K

8. Disclaimer
The information and views in this report, our website & all the service we provide are believed to be
reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the
right to choose the product/s that suits them the most.
Sincere efforts have been made to present the right investment perspective. The information contained
herein is based on analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The
report does not provide individually tailor-made investment advice. Epic research recommends that
investors independently evaluate particular investments and strategies, and encourages investors to
seek the advice of a financial adviser. Epic research shall not be responsible for any transaction
conducted based on the information given in this report, which is in violation of rules and regulations of
NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The
information herein, together with all estimates and forecasts, can change without notice. Analyst or any
person related to epic research might be holding positions in the stocks recommended. It is understood
that anyone who is browsing through the site has done so at his free will and does not read any views
expressed as a recommendation for which either the site or its owners or anyone can be held
responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
All Rights Reserved.
Investment in equity & bullion market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for
any loss incurred whatsoever for any financial profits or loss which may arise from the
recommendations above epic research does not purport to be an invitation or an offer to buy or sell any
financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to
forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is
received directly or indirectly by them. If found so then Serious Legal Actions can be taken.