Comex Report by www.epicresearch.co- 20th February 2013

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indore, India (prHWY.com) February 20, 2013 - NEWS RADAR
Gold rose for a second straight session on Tuesday, buoyed by strong physical buying in Asia after traders in China returned from a week-long break, but the lack of interest from Western investors and a firm dollar kept a lid on gains. Gold dropped by a steep 3 percent last week --biggest such drop in nine months -- and Chinese traders rushed to pick up bar gains when they resumed business this week, sending volumes on Shanghai Gold Exchange to record highs on Monday. But the frenzy can be short-lived, traders cautioned. "The rebound is very weak," said Chen Min, an analyst at Jinrui Futures in the southern Chinese city of Shenzhen. "Investors would rather put money elsewhere when the U.S. is recovering and the euro zone economy seems to be on the mend. Chances are small that prices will rally soon as the sentiment has turned bearish, and we may see the decline of prices into mid-year slack consumption season."
TRADING TIP :
 BUY GOLD
AROUND 1615
TGS 1621/1627
SL 1609
 BUY SILVER
AROUND 30.15
TGS 30.35/30.55
SL 29.95
 SELL COPPER
AROUND
3.6850 TGS 3.6650/3.6450
SL 3.7050
 SELL CRUDE
BELOW 95.20
TGS 94.80/94.40
SL 95.60
EXPERT OPINION
* GOLD LOOKS BULLISH
* SILVER LOOKS BULLISH
* CRUDE OIL LOOKS BEARISH
* COPPER LOOKS BEARISH
* NGAS LOOKS BULLISH
* LEAD LOOKS BEARISH
* NICKEL LOOKS BEARISH
* ALUMINIUM LOOKS BEARSIH
* ZINC LOOKS BEARISH

GOLD HOURLY CHART
S1 S2 R1 R2
1606 1600 1618 1624

GOLD LOOKS BULLISH BUY AROUND 1615.00LEVEL IS SUGGESTED AND RECOMMENDED TO
BOOK PROFIT NEAR 1621.00 LEVEL AND MAINTAINING SL OF 1609.00

SILVER HOURLY CHART
S1 S2 R1 R2
29.77 29.47 30.37 30.67

SILVER LOOKS BULLISH BUY AROUND 30.15 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK
PROFIT NEAR 30.35 LEVEL AND MAINTAINING SL OF 29.95

COPPER HOURLY CHART
S1 S2 R1 R2
3.6358 3.6185 3.6758 3.6958

COPPER LOOKS BEARISH SELL BELOW 3.6850LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.6650 LEVEL AND MAINTAINING SL OF 3.7050
CRUDE OIL HOURLY CHART
S1 S2 R1 R2
95.24 95.04 95.64 95.84
CRUDE LOOKS BEARISH SELL AROUND 95.20 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 94.80 LEVEL AND MAINTAINING SL OF 95.60

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