Comex Report by www.epicresearch.co- 1st March 2013

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indore, India (prHWY.com) March 1, 2013 - NEWS RADAR
Gold futures jumped to a one-week high Tuesday as investors stepped in after the Federal Reserve chief indicated the central bank's bondbuying program would continue.The most actively traded contract, for April delivery, rose 28.90, or 1.8%, to settle at $1,615.50 a troy ounce on the Comex division of the New York Mercantile Exchange, the highest ending price since Feb. 14.In remarks to Congress, Ben Bernanke signaled that the Fed would continue its bond-buying programs, arguing that the benefits of the policies outweighed the risks. Gold tends to benefit from such easy-money policies, as investors seek the metal as a hedge against the inflation that may follow the increased liquidity in the financial system.Gold had slumped to a sevenmonth low last week as investors cashed out on speculation that the Fed would cut short its easing effort.
TRADING TIP :
 SELL GOLD
AROUND 1583
TGS 1577/1571
SL 1589
 SELL SILVER
AROUND 28.75
TGS 28.55/28.95
 SELL COPPER
AROUND 3.5580
TGS 3.5380/3.5180
SL 3.5780
 SELL CRUDE
BELOW 92.40
TGS 92.20/92.00
SL 92.60
EXPERT OPINION
* GOLD LOOKS BEARISH
* SILVER LOOKS BEARISH
* CRUDE OIL LOOKS BEARISH
* COPPER LOOKS BEARISH
* NGAS LOOKS BEARISH
* NICKEL LOOKS BEARISH
* ALUMINIUM LOOKS BEARSIH
* ZINC LOOKS BEARISH

GOLD HOURLY CHART
S1 S2 R1 R2
1582 1576 1594 1600
GOLD LOOKS BEARISH SELL AROUND 1604.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1598.00 LEVEL AND MAINTAINING SL OF 1610.60
SILVER HOURLY CHART
S1 S2 R1 R2
28.68 28.48 29.08 29.28
SILVER LOOKS BEARISH SELL AROUND 28.95 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 28.75 LEVEL AND MAINTAINING SL OF 29.15
COPPER HOURLY CHART
S1 S2 R1 R2
3.5440 3.5240 3.5840 3.6040
COPPER LOOKS BEARISH SELL BELOW 3.5525LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.5325 LEVEL AND MAINTAINING SL OF 3.5725
CRUDE OIL HOURLY CHART
S1 S2 R1 R2
94.50 94.30 94.90 95.10
CRUDE LOOKS BEARISH SELL AROUND 94.50 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 94.10 LEVEL AND MAINTAINING SL OF 94.90
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