Gold opened higher but failed to sustain gains and closed flat. Silver gained modestly after bouncing back from lower levels. Crude oil opened lower but managed to move higher before closing with moderate losses. Technical indicators point to range-bound trading for gold and silver, while crude oil faces resistance at higher levels and support at lower levels.

1. Daily Commodity Re
D eport
3rd July 2012
MC GOLD (4 A
CX AUGUST 12) - Gold open higher at 29690 and
ned t
Gold
G Si
ilver Cr
rude
(4 A
Aug-12) (5 Sept-12) (19 J
Jul-12) touc
ched an intra
a-day high of 29759. How
f wever, it failed to sustain
high and mov
her ved lower to touch an intra-day low o 29560. It
of
Ope
en 29,690 53,402 4,686 end the day fla to close at 29660.
ded at
High
h 29,759 53,645 4,702
The RSI remains placed belo its averag which wo
e ow ge, ould result in
Low
w 29,560 53,157 4,578 selling pressure However, t
e. the Stochastic has move above its
ed
Clos
se 29,660 53,513 4,636 aveerage but is s placed in the over sold zone, which would lead
still d h
to s
short covering and buying support at low levels. Th ADX line,
g wer he
Prev Close
v. 29,665 53,293 4,695
+DI line and -D line are m
I DI moving sidew ways, indicati
ing a range
%C
Change -0.02% 0.41% -1.26% bouund trend. M MCX GOLD faces resistance at 296 668, 30179,
303340, 30428 an 31000, wh the suppo are place at 28859,
nd hile orts ed
Sourc – MCX
ce
287 and 27962 levels.
765
Volume (In 000
V 0's) MC SILVER (5 SEPT 12) - Silver open
CX 5 ned higher a 53402 but
at
02/0
07/2012 30/0
06/2012 % Chg. mov lower. It t
ved ntra-day low o 53157 but managed to
touched an in of
bou
unce back fro lower leve
om els. It moved higher to tou an intra-
uch
Gold (gms)
d 31,488.0
3 2,037.0 144
45.80% day high of 5364 It ended t day with modest gains to close at
y 45. the s
Silve (kgs)
er 1,466.9 373.0 29
93.30% 535
513.
Crud (bbl)
de 27,401.7
2 1,413.0 183
39.26% The RSI remains placed belo its averag which wo
e ow ge, ould result in
Sourc – MCX
ce selling pressure However, t
e. the Stochastic has move above its
ed
aveerage but is s placed in the over sold zone, which would lead
still d h
Tu
urnover (In Lacs) to s
short covering and buying support at low levels. Th ADX line,
g wer he
+DI line and -D line are m
I DI moving sidew ways, indicati
ing a range
02/0
07/2012 30/0
06/2012 % Chg. bou trend. MC Silver face resistance at 53675, 54
und CX es 4570, 55551,
56157 and 5773 while the s
37 supports are placed at 51559, 51029,
Gold
d 93
34,024.8 60,438.5
6 144
45.41%
and 50252 levels
d s.
Silve
er 78
83,863.6 19
94,210.3 30
03.62%
MC CRUDE (1 JULY 12) - Crude ope
CX 19 ened lower at 4686 level
Crud
de 1,27
73,196.6 66,393.7
6 181
17.65%
but managed to move higher It touched a intra-day h
r. an high of 4702
Sourc – MCX
ce but failed to sus
stain higher a
and moved lo
ower. It touch
hed an intra-
day low of 4578. It ended the day with mo
y . e oderate losse to close at
es
Global Market (Nym - $)
mex 463
36.
03/0
07/2012 02/0
07/2012 % Chg. The RSI and th Stochastic are placed above their respective
e he c d
Gold (oz)
d 1,600.00
1 1,597.70 0.14% erages, which would lead to buying support. Ho
ave h owever, the
Stochastic is pla
aced in the ov bought zo
ver one, which wwould lead to
Silve (oz)
er 27.66 27.47 0.68%
prof taking at higher levels. The ADX line and –DI line are placed
fit e e
Crud (bbl)
de 84.08 83.75 0.39% abo the 33 lev indicating sellers have an upper han while the
ove vel nd,
Dolla Index
ar 81.85 81.87 -0.03% +DI line is movin sideways. It faces resis
I ng stance at 472 4855 and
20,
490 while the supports are p
05 placed at 4624 4421, 4259 and 3723.
4, 9
Sourc – www.cme
ce egroup.com
Intra-day Re
esistance Intra-day Sup
pport
Comm
modities Close Pivot Point
R1 R2 R3
R S1 S2 S3
CRUD JUL 12
DE 4636 4639 4699
4 47
763 488
87 4575
5 4515 4391
GOLD AUG 12
D 29660 29660
2 29
9759 298
859 3005
58 29560
0 29461 29262
SILVE SEPT 12
ER 53513 53438
5 53
3720 539
926 5441
14 53232
2 52950 52462
Keynot Capitals L
te Ltd.
The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60
by, at Tel: 088.
www.keyynotecapitals.com

2. US E
Economic C
Calendar:
Tuesday Thursday Friday Moonday Tues
sday
Jul 03 Jul 05 Jul 06 Ju 09
ul Jul 10
Fact
tory Orders Jobles Claims
ss Employm
ment Situation
n Consume Credit
er ICSC-Goldm Store
man
Sales
Moto Vehicle Sales
or EIA Pe
etroleum Statu
us Monster Employment
r t 4-Week B
Bill NFIB Small Business
Reporrt Index Announce
ement ndex
Optimism In
ICSC
C-Goldman St
tore ISM Non-Mfg Index
N Treasur STRIPS
ry 3-Month B Auction
Bill 4-Week Bill Auction
Sale
es
Keynot Capitals L
te Ltd.
The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60
by, at Tel: 088.
www.keyynotecapitals.com

3. Discclaimer
This document is n for public di
not istribution and has been furnis shed to you so olely for your information and must not be re eproduced or
redisstributed to any other person. Persons into who possession this document may come are required to obse
P ose erve these restr rictions.
This material is for t personal info
the ormation of the authorized recipient, and we are not soliciting any action base upon it. This report is not
ed s
to be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer o solicitation
e or
woul be illegal. It i for the gener information o clients of Keynote Capitals Ltd. It does not constitute a personal recomm
ld is ral of t mendation or
take into account the particular inve
estment objectiv tuations, or need of individual clients.
ves, financial sit ds
We h have reviewed t report, and in so far as it includes current o historical info
the or ormation, it is beelieved to be rel liable though its accuracy or
s
comp pleteness canno be guarantee Neither Keyn
ot ed. note Capitals Lt nor any pers connected with it, accepts any liability aris
td., son sing from the
use of this documen The recipien of this mater should rely on their own inv
nt. nts rial vestigations and take their own professional a advice. Price
and value of the investments referred to in this m material may go up or down. Past performan is not a gu
nce uide for future pperformance.
Certa transactions -including thos involving futures, options and other derivatives as well as non-investmen grade securit
ain s se s nt ties - involve
subsstantial risk and are not suitab for all invest
d ble tors. Reports ba ased on technic analysis cen
cal nters on studyin charts of a stock’s price
ng
move ement and trad ding volume, as opposed to fo
s ocusing on a co ompany’s funda amentals and as such, may no match with a report on a
s ot
comp pany’s fundame entals.
Opinnions expressed are our current opinions as of the date appea
d f aring on this maaterial only. While we endeavor to update on a reasonable
basis the informatio discussed in this material, there may be r
s on n regulatory, commpliance, or othe reasons that prevent us fro doing so.
er t om
Prosspective investo and others are cautioned t
ors a that any forward d-looking statemments are not p predictions and may be subjec to change
ct
witho notice. Our proprietary tr
out r rading and inve estment busine esses may ma ake investment decisions that are inconsiste with the
t ent
recommendations e expressed herein n.
We a our affiliates, officers, direc
and ctors, and empl loyees world wide may: (a) from time to time, have long or sh positions in and buy or
m hort n,
sell t securities th
the hereof, of compa (ies) mentio
any oned herein or (b) be engaged in any other transaction involvi such securit
ing ties and earn
brokerage or other compensation or act as a mar
o rket maker in th financial inst
he truments of the company (ies) discussed here or act as
ein
advis or lender / borrower to such company (ie or have other potential con
sor es) nflict of interest with respect to any recomme
t o endation and
related information a opinions.
and
The analyst for this report certifies that all of the views express
s s e sed in this repo accurately re
ort eflect his or he personal view about the
er ws
subje company or companies an its or their se
ect r nd ecurities, and no part of his or her compensa
r ation was, is or will be, directly or indirectly
y
related to specific re
ecommendation or views expr
ns ressed in this report.
No p of this material may be dup
part plicated in any fo and/or redis
orm stributed withou Keynote Capit
ut tals Ltd’s., prior written consent.
r
Keynot Capitals L
te Ltd.
The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60
by, at Tel: 088.
www.keyynotecapitals.com