The newsletter discusses current trends in precious metals, energy, and base metals in relation to market dynamics influenced by political uncertainties and economic factors. It includes specific pivot levels for gold, silver, crude oil, and copper, along with a recommendation to buy gold with specified targets and stop loss. The document emphasizes the risks of investment and disclaims responsibility for any financial decisions based on its content.

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Daily MCX Newsletter
7th FEB 2017
2017
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2. Money Maker Research Pvt. Ltd.
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PRECIOUS METALS:
Precious metals prices are high due to worries about the political landscape in the United States and
Europe and a subdued dollar reinforced investor interest.
ENERGY:
Crude oil prices are weak on yesterday due to rising U.S. supplies and excess speculative length
outweighed OPEC output curbs and rising tensions between US and Iran.
BASE METALS:
Copper prices are weak after brief rally as dollar edged higher after a Fed official offered support for
March rate rise, while supply concerns underpinned prices.
MARKET WRAP

3. Money Maker Research Pvt. Ltd.
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PIVOTS LEVEL:
GOLD(APR)
RESISTANCE2:29800
RESISTANCE1:29550
SUPPORT1:29000
SUPPORT2:28840
SILVER (MARCH)
RESISTANCE2:43300
RESISTANCE1:42800
SUPPORT1:42000
SUPPORT2:41700
CRUDE OIL (FEB)
RESISTANCE2:3680
RESISTANCE1:3630
SUPPORT1:3540
SUPPORT2:3490
COPPER (FEB)
RESISTANCE2:400
RESISTANCE1:396
SUPPORT1:387
SUPPORT2:383

4. Money Maker Research Pvt. Ltd.
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GOLD
CALL BUY : GOLD APR ABOVE 29300 TARGETS 29500/29700 STOP LOSS 29100
CHART OF THE DAY

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D I S C L A I M E R
SHASH
ANK
MISHRA
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SHASHANK MISHRA
DN: cn=SHASHANK
MISHRA, o=MONEY
MAKER RESEARCH PVT
LTD, ou,
email=info@moneyma
kerfinancial.com, c=IN
Date: 2017.02.07
10:53:49 +05'30'