daily comex research report by epic research for 19 august 2014

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Page 1: Daily comex research report by epic research for 19 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

19th AUGUST-2014

Page 2: Daily comex research report by epic research for 19 august 2014

PRECIOUS METALS AND INDUSTRIAL METALS

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

COMEX GOLD USD/T OZ. 1300.3 1.00 0.08% DEC-14

COMEX SILVER USD/T OZ. 19.66 0.02 0.12% SEP-14

COMEX COPPER USD/LB. 3.1100 -0.0010 -0.02% SEP-14

PALTINUM USD/T OZ. 1449.75 3.25 0.22% OCT-14

ENERGY COMMODITY FUTURES

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

CRUDE OIL(WTI) USD/BBL. 93.98 0.23 0.24% OCT-14

CRUDE OIL(BRENT) USD/BBL. 101.86 0.14 0.14% OCT-14

NY. NATURAL GAS USD/MMBTU 3.789 0.002 0.07% SEP-14

NY. HEATING OIL USD/GAL. 2.81 0.03 0.10% SEP-14

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

DAILY MARKET OUTLOOK

19th AUGUST-2014

Page 3: Daily comex research report by epic research for 19 august 2014

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

GOLD(DEC-14) 1298.57 1299.44 1300.07 1300.94 1301.57

SILVER(SEP-14) 19.60 19.63 19.65 19.68 19.69

WTICRUDEOIL(SEP-14) 93.81 93.88 93.93 94.00 94.05

NATURALGAS(SEP-14) 3.789 3.789 3.789 3.789 3.789

COPPER(SEP-14) 3.1030 3.1050 3.1080 3.1110 3.1130

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 -12650

COPPER 6936.50 46.00 0.67% COPPER -25

LEAD 2140.50 1.00 0.05% LEAD -100

ZINC 2180.00 10.50 0.48% ZINC -450

NICKEL 18625.00 345.00 1.89% NICKEL 2256

TIN 22425.00 -175.00 -0.77% TIN UNCH

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

DAILY SUPPORT & RESISTANCE

19th AUGUST-2014

Page 4: Daily comex research report by epic research for 19 august 2014

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

INTERNATIONAL COMMODITY NEWS

19th AUGUST-2014

• Gold prices held steady to weaker in early Asia on Tuesday as investors focus on U.S. monetary policy prospects that seemfavorable for eventual higher interest rates. nvestors are watching an annual meeting of top central bank officials andeconomists in Jackson Hole, Wyoming from August 21 to 23. Gold traders will also pay close attention to the minutes of theFed’s July policy meeting due to be published on Wednesday for further clues about the timing of future interest rate hikes Onthe Comex division of the New York Mercantile Exchange, goldfutures for December delivery traded at $1,299.00 a troy ounce,down 0.02%, after hitting an overnight session low of $1,296.70 and off a high of $1,304.80.

• Bargain hunters snapped up nicely-priced natural gas futures on Monday and sent the commodity edging up into positiveterritory, wiping out losses sustained from recent mild weather forecasts. On the New York Mercantile Exchang e, naturalgas futures for delivery in September traded at $3.808 per million British thermal units during U.S. trading, up 0.83%. Thecommodity hit a session low of $3.731, and a high of $3.817.The September contract settled down 3.33% on Friday to end at$3.776 per million British thermal units.

• Crude oil prices gained in Asia on Tuesday as investors saw value after recent declines and ahead of industry stocks data inthe U.S. later today. On the New York Mercantile Exchange, West Texas Intermediate Crude Oil for delivery in October tradedat $93.94 a barrel, up 0.20%, after hitting an overnight session low of $93.44 a barrel and a high of $95.09 a barrel.OnMonday, Brent oil on ICE Futures Europe fell 1.9% to $101.60 a barrel, the lowest price since June 25, 2013.

• Copper futures fell to a seven-week low on Wednesday, after disappointing Chinese economic data fuelled concerns over thehealth of the world’s second largest economy. On the Comex division of the New York Mercantile Exchange, copper forSeptember delivery declined 0.51%, or 1.6 cents, to trade at $3.139 a pound during European morning hours.Prices fell to asession low of $3.134 a pound earlier, the weakest level since June 25. A day earlier, copper futures lost 0.63%, or 2.0 cents,to settle at $3.154 a pound.

Page 5: Daily comex research report by epic research for 19 august 2014

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

EPIC DAILY TOP PICKS

19th AUGUST-2014

GOLD COMEX -DAILY CANDLESTICK CHART

TRADING STRATEGY :

SELL GOLD COMEX BELOW 1300 TG 1294,1284 SL 1310

BUY GOLD COMEX ABOVE 1302 TGT 1306,1311 SL 1296

Page 6: Daily comex research report by epic research for 19 august 2014

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

TODAY'S ECONOMIC EVENTS

19th AUGUST-2014

Page 7: Daily comex research report by epic research for 19 august 2014

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DISCLAIMER

18th AUGUST-2014