Daily Commodity Market Report & Trends by Money CapitalHeight

Daily Newsletter-Commodity 05/08/2014

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MARKET WRAP

Gold futures fell for the fourth time

Silver futures for September delivery dropped 0.7 percent

Crude traded near the highest price in three days

Gold futures fell for the fourth time in five sessions as a U.S. equity rally reduces

demand for the precious metal as an alternative investment. Gold fell 3 percent

last month on concern that the Federal Reserve would raise interest rates as the

economy gained traction. Silver futures for September delivery dropped 0.7

percent to $20.233 an ounce on the Comex. Earlier, the price touched $20.20, the

lowest since June 19.

ECONOMIC CALENDAR Date Time Currency Economic Data Forecast Previous

Tue Aug 5

12:45pm EUR Spanish Services PMI 55.1 54.8

1:15pm EUR Italian Services PMI 53.2 53.9

1:30pm EUR Final Services PMI 54.4 54.4

2:30pm EUR Retail Sales m/m 0.4% 0.0%

7:15pm USD Final Services PMI 61.0 61.0

7:30pm USD ISM Non-Manufacturing PMI 56.6 56.0

USD Factory Orders m/m 0.6% -0.5%

USD IBD/TIPP Economic Optimism 46.2 45.6


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Phone- (0731)6615050-6620150

TECHNICAL VIEW

GOLD(OCT) SILVER(SEP)

COPPER(AUG) CRUDE(AUG)

NATURALGAS(AUG) LEAD(AUG)

ZINC(AUG) NICKEL(AUG)

• Consolidate

• Buy on dips

Trend

Strategy • R2 - 28550

• R1 - 28280 Resistance

• S1 - 27850

• S2 - 27480 support

• Consolidate

• Sell on high

Trend



• S1 - 43150


• Consolidate

• Buy on dips

Trend



• S1 - 427


• Consolidate

• Buy on dips

Trend



• S1 - 5960


• Consolidate

• Sell on high

Trend

Strategy •R2 - 245

•R1 - 238 Resistance

•S1 - 227

•S2 - 219 support

• Consolidate

• Buy on dips

Trend

Strategy • R2 - 143.5

• R1 - 140.7 Resistance

• S1 - 135.4

•S2 - 132.5 support

• Consolidate

• Buy on dips

Trend

Strategy •R2 - 150.5

•R1 - 147.9 Resistance

•S1 - 143.2


• Consolidate

• Buy on dips

Trend

Strategy •R2 - 1198

•R1 - 1165 Resistance

•S1 - 1113

•S2 - 1085 support


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Phone- (0731)6615050-6620150

ALUMINIUM(AUG)

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Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider 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-made investment advice. Money CapitalHeight Research Pvt. Ltd. recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money CapitalHeight Research Pvt. Ltd. shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of MCX and NCDEX.

The metals price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to Money CapitalHeight Research Pvt. Ltd. might be holding positions in the stocks recommended. It is understood that 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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We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight Research Pvt. Ltd. does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

• Consolidate

• Buy on dips

Trend

Strategy •R2 - 126.5

•R1 - 124.8 Resistance

•S1 - 121.3


Daily Commodity Market Report & Trends by Money CapitalHeight

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