Comex Report by www.epicresearch.co- 7th February 2013

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indore, India (prHWY.com) February 7, 2013 - 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 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.- Standard economy and the monetary economy. Growing economic confidence is capping upside for the metal, while monetary easing is adding 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 bee such a major factor in the bull market over the past five years.

TRADING TIP :
* SELL GOLD BELOW 1666
TGS 1660/1654 SL 1672
* SELL SILVER BELOW 31.59
TGS 31.34/31.09 SL 31.84
* SELL COPPER BELOW 3.7280
TGS 3.7080/3.6880 SL
3.7680
* SELL CRUDE BELOW 95.85
TGS 95.45/95.05 SL 96.25


EXPERT OPINION
* GOLD LOOKS BEARISH
* SILVER LOOKS BEARISH
* CRUDE OIL LOOKS BEARISH
* COPPER LOOKS BEARISH
* NGAS LOOKS BULLISH
* LEAD LOOKS BEARISH
* NICKEL LOOKS BEARISH
* ALUMINIUM LOOKS BEARISH
* ZINC LOOKS BEARISH
GOLD HOURLY CHART
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
SILVER HOURLY CHART
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
COPPER HOURLY CHART
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
CRUDE OIL HOURLY CHART
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

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