Weekly commodity-report by epic research 7 jan 2013
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Transcript of Weekly commodity-report by epic research 7 jan 2013
WWW.EPICRESEARCH.CO 9752199966
HEADLINES
The three base metals investors should
increase exposure to in 2013.
Tin, lead and copper may be the top-performing base
metals in 2013 and aluminum the worst, analysts
suggest. Most look for the complex as a whole to be
roughly sideways or modestly higher, with much
hinging on how much the global economy and thus
demand for industrial metals improves. The two that
we like most next year are lead and tin. They have the
tightest supply/demand profile. They have the lowest
amount in inventory as a percentage of overall
consumption.”
Gold, silver prices plummet.
Gold prices plummeted to two-week lows at the
domestic bullion market on emergence of aggressive
profit-taking by stockists and traders. Silver, too,
tanked and hit fresh four-month lows on the back of
heavy speculative unwinding. Standard gold of 99.5 per
cent purity tumbled .
TRADING TIP:
Buy Crude oil Jan
Above 5130
TGTS-5180/5250
SL-5080
Buy Copper Feb
Above 453
TGTS-457/462
SL- 449
MCX WEEKLY GOLD CHART
WWW.EPICRESEARCH.CO 9752199966
ANALYSIS
OPEN: 30707
HIGH: 31191
LOW: 30625
CLOSE: 30907
GOLD LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
MCX WEEKLY SILVER CHART
ANALYSIS
OPEN: 57749
HIGH: 59580
LOW: 56805
CLOSE: 57986
SILVER LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
MCX WEEKLY COPPER CHART
ANALYSIS
OPEN: 440.00
HIGH: 454.65
LOW: 439.85
CLOSE: 451.50
COPPER LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
WWW.EPICRESEARCH.CO 9993959693 WWW.EPICRESEARCH.CO 9752199966
MCX WEEKLY CRUDE OIL CHART
ANALYSIS
OPEN: 4990
HIGH: 5126
LOW: 4962
CLOSE: 5123
CRUDE OIL LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
www.epicresearch.co 9752199966
COMEX WEEKLY SILVER CHART
ANALYSIS
OPEN: 30.02
HIGH: 31.47
LOW: 29.20
CLOSE: 30.19
COMEX SILVER LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
www.epicresearch.co 9752199966
COMEX WEEKLY GOLD CHART
ANALYSIS
OPEN: 1655.75
HIGH: 1694.67
LOW: 1625.59
CLOSE: 1656.43
COMEX GOLD LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
www.epicresearch.co 9752199966
Disclaimer
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This material is for personal information and based upon it & takes no responsibility
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