Daily Commodity News Letter Of Global Mount Money 8-1-2014
01/08/2014

Gold prices had gained nearly 4 percent in the previous five sessions as equities prices dropped after record gains in 2013.

Online PR News – 08-January-2014 – indore – Daily Commodity News Letter Of Global Mount Money 8-1-2014

MARKET WRAP FOR COMMODITY

Gold prices had gained nearly 4 percent in the previous five sessions as equities prices dropped after record gains in 2013.
Silver, whose price tends to be more volatile than gold, fell 1.7 percent to $19.81 an ounce, well below a four-week high of $20.33 in the previous session.
Platinum was down 0.2 percent at $1,409.74 an ounce, having risen to a seven-week high of $1,420.75 on Monday.

TECHNICAL VIEWS

GOLD (DEC) VIEW
Trend: Sideways | Strategy: Buy On Dips
R1- 28950, R2- 29150 | S1- 28700, S2- 28500
SILVER (DEC) VIEW
Trend: Sideways | Strategy: Buy On Dips
R1- 45000, R2- 45500 | S1- 44000, S2- 43500
COPPER (NOV) VIEW
Trend: Sideways | Strategy: Buy On Dips
R1- 468, R2- 472 | S1- 463, S2- 460
CRUDE (OCT) VIEW
Trend: Sideways | Strategy: Sell On High
R1- 5820, R2- 5780 | S1- 5830, S2- 5780
NATURAL GAS (NOV) VIEW
Trend: Sideways | Strategy: Buy On Dips
R1- 270, R2- 27 | S1- 265 S2- 262
LEAD (OCT) VIEW
Trend: Sideways | Strategy: Sell on High
R1- 135, R2- 137 | S1- 132, S2- 130
ZINC (OCT) VIEW
Trend: Sideways | Strategy: Sell on High
R1- 127.5, R2- 129 | S1- 126, S2- 125
NICKEL (OCT) VIEW
Trend: Sideways | Strategy: Buy On Dips
R1- 950, R2- 960 | S1- 940, S2- 930
ALUMINUM (OCT) VIEW
Trend: Sideways | Strategy: Sell on High
R1- 110.5 R2- 112 | S1- 108.5, S2- 107.5

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