daily comex research report by epic research for 11 august 2014

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Page 1: Daily comex research report by epic research for 11 august 2014

Our Presence

Epic Research India HNI & NRI Sales Contact USA Toll Free Number

411 Milinda Manor (Suites 409-425) 2117 Arbor Vista Dr. Charlotte (NC) 1-800-200-9454

2 RNT Marg. Opp Central Mall Cell: +1 704 249 2315 All queries should be directed to

Indore (M.P.) [email protected]

Hotline: +91 731 6642300 HNI & NRI Sales Contact Australia

Or give us a missed call at Mintara Road, Tarneit, Victoria, Post Code 3029

026 5309 0639 Phone: +61 422 063855

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

DAILY COMEX COMMODITY REPORT

11th AUGUST-2014

Page 2: Daily comex research report by epic research for 11 august 2014

PRECIOUS METALS AND INDUSTRIAL METALS

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

COMEX GOLD USD/T OZ. 1.312.50 -1.07 -0.13% DEC-14

COMEX SILVER USD/T OZ. 19.90 -0.09 -0.44% SEP-14

COMEX COPPER USD/LB. 3.1810 0.0040 0.14% SEP-14

PALTINUM USD/T OZ. 1.48 -4.05 -0.27% OCT-14

ENERGY COMMODITY FUTURES

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

CRUDE OIL(WTI) USD/BBL. 97.54 0.2 0.20% SEP-14

CRUDE OIL(BRENT) USD/BBL. 104.77 -0.67 -0.64% SEP-14

NY. NATURAL GAS USD/MMBTU 3.969 0.009 2.40% SEP-14

NY. HEATING OIL USD/GAL. 2.87 -0.02 -0.79% SEP-14

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

DAILY MARKET OUTLOOK

11th AUGUST-2014

Page 3: Daily comex research report by epic research for 11 august 2014

COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2

GOLD(AUG-14) 1310.37 1311.64 1312.47 1313.74 1314.57

SILVER(SEP-14) 19.92 19.96 19.97 20.01 20.03

WTICRUDEOIL(AUG-14) 97.48 97.52 97.58 97.62 97.68

NATURALGAS(AUG-14) 3.962 3.966 3.968 3.972 3.974

COPPER(SEP-14) 3.1770 3.1790 3.1800 3.1830 3.1830

LME BASE METALS OFFICIAL CASH PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY)

METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT)

ALUMINIUM 1857.00 -9.50 -0.51% ALUMINIUM -7875

COPPER 6936.50 46.00 0.67% COPPER -1425

LEAD 2140.50 1.00 0.05% LEAD Unch

ZINC 2180.00 10.50 0.48% ZINC 13375

NICKEL 18625.00 345.00 1.89% NICKEL 684

TIN 22425.00 -175.00 -0.77% TIN 75

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

DAILY SUPPORT & RESISTANCE

11th AUGUST-2014

Page 4: Daily comex research report by epic research for 11 august 2014

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

INTERNATIONAL COMMODITY NEWS

11th AUGUST-2014

• Gold prices fell on Friday after reports that Russia was standing down on the border with Ukraine coupled with news that the U.S. has launched airstrikes in Iraq to halt a Sunni insurgency there chipped away at the yellow metal's safe-haven appeal. Onthe Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,310.70 a troy ounce during U.S. trading, down 0.14%, up from a session low of $1,307.60 and off a high of $1,324.10. The December contract settled up 0.33% at $1,312.50 on Thursday.

• Crude prices came off earlier highs on Friday after markets bet that U.S. airstrikes against Sunni insurgents in Iraq will halt theadvance and buffer the country's large oilfields in the south. The September contract settled up 0.43% at $97.34 a barrel onThursday.

• Natural gas futures traded near session highs on Friday after updated weather-forecasting models predicted a heat wave totrekk across the eastern U.S. in the coming days, which should hike demand for air conditioning. On the New York MercantileExchange, naturalgas futures for delivery in September traded at $3.957 per million British thermal units during U.S. trading,up 2.08%. The commodity hit a session low of $3.874, and a high of $3.960. The September contract settled down 1.45% onThursday to end at $3.876 per million British thermal units.

• Gold futures rose to three-week highs on Friday, as mounting geopolitical tensions in Iraq and Ukraine further boosted safe-haven demand. On the Comex division of the New York Mercantile Exchange, goldfor December delivery traded at $1,321.10a troy ounce during European morning trade, gaining 0.66%.The December contract settled 0.33% higher on Thursday to endat $1,312.5 a troy ounce.

• Crude oil futures rose on Friday, as geopolitical tensions in Iraq fuelled speculation over potential supply disruptions in theregion. Oil prices gained ground after U.S. President Barack Obama on Thursday authorized air strikes in Iraq to put an end toan onslaught by Islamic militants and begun military air-drops of humanitarian supplies to besieged religious minorities toprevent a "potential act of genocide".

Page 5: Daily comex research report by epic research for 11 august 2014

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

EPIC DAILY TOP PICKS

11th AUGUST-2014

GOLD COMEX -DAILY CANDLESTICK CHART

TRADING STRATEGY :

BUY COMEX GOLD ABOVE 1322 TG 1332,1352 SL 1306

SELL COMEX GOLD BELOW 1300 TG 1290,1270 SL 1315

Page 6: Daily comex research report by epic research for 11 august 2014

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

TODAY'S ECONOMIC EVENTS

11th AUGUST-2014

Page 7: Daily comex research report by epic research for 11 august 2014

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (orliability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that weconsider reliable.

This material is for personal information and based upon it & takes no responsibility

The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-madeinvestment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek

the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is inviolation of rules and regulations of NSE and BSE.

The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates andforecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understoodthat anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the

site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.

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Investment in equity & bullion market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profitsor loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial

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Research Analyst : Nilesh Jain

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DISCLAIMER

11th AUGUST-2014