daily comex market report by epic research 12th march 2014

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YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY COMEX COMMODITY REPORT 12 th MARCH-2014 DAILY MARKET OUTLOOK 26 th FEBRUARY-2014

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YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

DAILY COMEX COMMODITY REPORT

12th MARCH-2014

DAILY MARKET OUTLOOK

26th FEBRUARY-2014

PRECIOUS METALS AND INDUSTRIAL METALS

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

COMEX GOLD USD/T OZ. 1350.60 3.90 0.29% APR-14

GOLD SPOT USD/T OZ. 1357.11 8.10 0.60% N/A

COMEX SILVER USD/T OZ. 20.99 0.17 0.82% MAY-14

COMEX COPPER USD/LB. 295.35 -7.80 -2.57% MAY-14

PALTINUM SPOT USD/T OZ. 1472.38 7.75 0.53% N/A

ENERGY COMMODITY FUTURES

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

CRUDE OIL(WTI) USD/BBL. 99.48 -1.64 -1.62% APR-14

CRUDE OIL(BRENT) USD/BBL. 108.26 -0.29 -0.27% APR-14

NY. NATURAL GAS USD/MMBTU 4.59 -0.01 -0.24% APR-14

RBOB GASOLINE USD/GAL. 295.95 1.01 0.34% APR-14

NY. HEATING OIL USD/GAL. 295.38 -1.36 -0.46% APR-14

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DAILY MARKET OUTLOOK

12th MARCH-2014

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

GOLD(APR-14) 1331.43 1339.67 1346.23 1354.47 1361.03

SILVER(MAY-14) 20.32 20.61 20.97 21.26 21.62

WTICRUDEOIL(APR-14) 98.01 98.74 100.13 100.86 102.25

NATURALGAS(APR-14) 4.508 4.551 4.616 4.659 4.724

COPPER(MAY-14) 2.8710 2.9130 2.9850 3.0270 3.0990

LME BASE METALS 3rd MONTH CONTRACT LME WAREHOUSE STOCKS (INVENTORY)

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

ALUMINIUM 1788.50 ALUMINIUM -9025

COPPER 6689.00 COPPER -7800

LEAD 2106.00 LEAD -475

ZINC 2050.50 ZINC 6450

NICKEL 15675.00 NICKEL -486

TIN 23245.00 TIN -65

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DAILY SUPPORT & RESISTANCE

12th MARCH-2014

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

• Gold prices were a tad stronger in early Asia trade on Wednesday, supported by continued tension in the Crimean region of the Ukraine.On the Comex division of the New York Mercantile Exchange, gold futures for April delivery traded at $1,348.10 a troy ounce, up 0.10%, after hitting an overnight session low of $1,338.00 and off a high of $1,352.80. Ongoing geopolitical tensions in Ukraine bolstered gold's appeal as a hedge on Tuesday. Russia remained at odds with the West on how to end the standoff in Ukraine, while U.S. Secretary of State John Kerry declined an invitation to visit Russia for further discussions, which boosted gold prices.

• Silver for May delivery traded at $20.930 a troy ounce, up 0.55%, while copper futures for May delivery gained 0.11% at $2.954 a pound, recovering from a slump earlier in the week.

• Crude oil prices eased in Asia on Wednesday after U.S. industry data showed a strong gain in stocks. The American Petroleum Institute,an industry trade group, said late Tuesday that its own data for last week showed that crude stocks rose by 2.6 million barrels, accordingto industry sources. The API also said that gasoline stocks declined by 2.2 million barrels, distillate stocks declined 839,000 barrels and refinery runs decreased 0.3 percentage point to 86.5% of capacity, according to the sources. On the New York Mercantile Exchange, West Texas Intermediate crude for delivery in April traded at $99.55 a barrel, down 0.48%, after hitting an overnight session low of $100.12 a barrel and a high of $101.52 a barrel.

• Brent crude on the ICE futures exchange settled up 47 cents, or 0.4%, at $108.55 a barrel on Tuesday.

• Natural gas futures slid on Tuesday as markets began to look towards next week's arrival of spring, which brings milder temperatures in the U.S. and curbs demand for heating. On the New York Mercantile Exchange, natural gas futures for delivery in April traded at $4.588 per million British thermal units during U.S. trading, down 1.35%. The commodity hit session high of $4.682 and a low of $4.574. The April contract settled up 0.71% on Monday to end at $4.651 per million British thermal units.

• Base metals prices held gains across the board during a less-frenetic Tuesday LME premarket, with the market showing signs of tentative consolidation - the intense selling pressure in the recent sell-off has waned.

• Nickel's recent strength kept the bias towards the upside - there are fears over sanctions against major producer Russia due to the crisisin Ukraine. It traded at $15,695, up $240, having earlier peaked at its highest since April 2013 at $15,760. The zinc price was $7 higher at $2,047. The aluminium price was $16.50 higher at $1,792. Lead business at $2,108 was $24 higher. Tin rose $200 to $23,100.

INTERNATIONAL COMMODITY NEWS

12th MARCH-2014

YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

EPIC DAILY TOP PICKS

12th MARCH-2014

WTI-CRUDEOIL-NYMEX DAILY CANDLESTICK CHART

TRADING STRATEGY :

WTI-CRUDEOIL-NYMEX has closed @ 99.50. If it breaks the level of 99.31, it can touch the level of 98.81 & 98.16 respectively. If it sustain above the

level of 101.03, it can touch the level of 101.53 & 102.25 respectively.

SELL WTI-CRUDEOIL-NYMEX BELOW 99.31 TGTS 98.81, 98.16 SL 100.02.

BUY WTI-CRUDEOIL-NYMEX ABOVE 101.03 TGTS 101.53, 102.25 SL 100.33.

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TODAY'S ECONOMIC EVENTS

12th MARCH-2014

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YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300

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