Daily Comex Report by www.epicresearch.co- 25th March 2013

Gold settled at the highest price in almost three weeks on Monday after renewed worries about the health of Europe's financial system pushed investors into the perceived safe-haven metal.

Indore, India (prHWY.com) March 25, 2013 - NEWS RADAR
Gold settled at the highest price in almost three weeks on Monday after renewed worries about the health of Europe's financial system pushed investors into the perceived safe-haven metal.The most actively traded contract, for April delivery, rose $12, or 0.8%, to settle at $1,604.60 a troy ounce on the Comex division of the New York Mercantile Exchange, the highest settlement since Feb. 26.Global markets were rocked by the details released over the weekend about a proposed 10 billion euro ($12.92 billion) bailout of Cyprus by the European Commission, the European Central Bank and the International Monetary Fund. The harsh conditions imposed on the Mediterranean island included a levy on bank deposits of between 3% and 15%.In response, the euro slumped to a three-month low against the U.S. dollar, and global equities markets pulled back.
TRADING TIP :
 BUY GOLD
AROUND 1606
TGS 1612/1618
SL 1600

 BUY SILVER
AROUND 29.10
TGS 29.30/29.50
SL 28.90

 BUY COPPER
AROUND 3.4500
TGS 3.4700/3.5000
SL 3.4100


 BUY CRUDE
AROUND 93.00
TGS 93.20/93.40
SL 92.80

EXPERT OPINION

* GOLD LOOKS BEARISH
* SILVER LOOKS BEARISH
* CRUDE OIL LOOKS BULLISH
* 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
1606 1600 1618 1624

GOLD LOOKS BULLISH BUY AROUND 1610.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1604.00 LEVEL AND MAINTAINING SL OF 1616.00
SILVER HOURLY CHART
S1 S2 R1 R2
28.80 28.60 29.20 29.40
SILVER LOOKS BULLISH BUY AROUND 29.10 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 29.30 LEVEL AND MAINTAINING SL OF 28.90
COPPER HOURLY CHART
S1 S2 R1 R2
3.4200 3.400 3.4600 3.4800
COPPER LOOKS BULLISH BUY AROUND 3.4500 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.4700 LEVEL AND MAINTAINING SL OF 3.4300
CRUDE OIL HOURLY CHART
S1 S2 R1 R2
92.80 92.60 93.10 93.30
CRUDE LOOKS BULLISH BUY AROUND 93.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 93.20 LEVEL AND MAINTAINING SL OF 92.80

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