Comex Report by www.epicresearch.co- 5th March 2013

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indore, India (prHWY.com) March 5, 2013 - NEWS RADAR
Copper fell to a three-month low Friday as weaker factory data from top consumer China hit demand expectations for the industrial metal.The most-actively traded copper contract, for May delivery, fell 4.65 cents, or 1.3%, to settle at $3.501 a pound on the Comex division of the New York Mercantile Exchange, the lowest settlement since Nov. 16, 2012.Chinese manufacturing activity barely expanded in February, according to a state gauge of the sector released on Friday. The official purchasing managers index stood at 50.1 last month, off from 50.4 in January. Readings above 50 indicate expansion. China is the world's largest copper consumer, accounting for about 40% of global demand. The metal is used in a wide range of products, including wiring and plumbing, appliances, automobiles, and general manufacturing, making prices sensitive to shifts in economic growth expectations..
TRADING TIP :
 SELL GOLD
AROUND 1580
TGS 1574/1568
SL 1586
 SELL SILVER
AROUND 28.75
TGS 28.55/28.35
SL 28.95
 SELL COPPER
AROUND 3.4825
TGS 3.4625/3.4425
SL 3.5025
 SELL CRUDE
BELOW 90.54
TGS 90.34/90.14
SL 91.74
EXPERT OPINION
* GOLD LOOKS BEARISH
* SILVER LOOKS BEARISH
* CRUDE OIL LOOKS BEARISH
* COPPER LOOKS BEARISH
* NGAS LOOKS BEARISH
* LEAD LOOKS BEARISH
* NICKEL LOOKS BEARISH
* ALUMINIUM LOOKS BEARSIH
* ZINC LOOKS BEARISH
GOLD HOURLY CHART
S1 S2 R1 R2
1570 1563 1585 1591
GOLD LOOKS BEARISH SELL AROUND 1580.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1574.00 LEVEL AND MAINTAINING SL OF 1586.00
SILVER HOURLY CHART
S1 S2 R1 R2
28.52 28.22 28.92 29.12
SILVER LOOKS BEARISH SELL AROUND 28.75 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 28.55 LEVEL AND MAINTAINING SL OF 28.95
COPPER HOURLY CHART
S1 S2 R1 R2
3.4620 3.4420 3.5020 3.5220
COPPER LOOKS BEARISH SELL BELOW 3.4825 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.4625 LEVEL AND MAINTAINING SL OF 3.5025
CRUDE OIL HOURLY CHART
S1 S2 R1 R2
90.30 90.10 90.70 90.90
CRUDE LOOKS BEARISH SELL AROUND 90.54 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 90.34 LEVEL AND MAINTAINING SL OF 90.74

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