COMEX

tH

REPORT

REPORT
15 FEBRUARY 2013

NEWS RADAR
Gold was little changed on Wednesday after falling to a 1-month low in the previous session, with investors likely to watch currencies for direction, while palladium held near its highest in 17 months as supply concerns sparked speculative buying. Spot gold was steady at $1,650.76 an ounce by 0040 GMT. U.S. gold was at $1,651.40 an ounce, up $1.80. Increased output by Russia could see it surpass the United States as the world's third largest gold miner by 2015, Sergei Kashuba, head of the Russian Gold Industrialists' Union, said on Tuesday. Japan's Nikkei share average edged lower on Wednesday as a pause in the yen's decline triggered profit-taking on stocks that have gained sharply such as exporters.

TRADING TIPS
SELL GOLD BELOW 1645 TGS 1639/1633 SL 1651 SELL SILVER BELOW 30.80 TGS 30.60/30.40 SL 31.00 SELL COPPER BELOW 3.7180 TGS 3.6980/3.6780 SL 3.7380 SELL CRUDE ABOVE 96.70 TGS 96.30/95.90 SL 97.10

EXPERT OPINION
GOLD LOOKS BEARISH SILVER LOOKS BEARISH
CRUDE OIL LOOKS BEARISH

COPPER LOOKS BEARISH

NGAS LOOKS BULLISH LEAD LOOKS BEARISH NICKEL LOOKS BEARISH ALUMINIUM LOOKS BULLISH ZINC LOOKS BEARISH

GOLD HOURLY CHART

S1 1637

S2 1631

R1 1649

R2 1655

GOLD LOOKS BEARISH SELL AROUND 1645.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1639.00 LEVEL AND MAINTAINING SL OF 1651.25

SILVER HOURLY CHART

S1 30.48

S2 30.18

R1 31.08

R2 31.38

SILVER LOOKS BEARISH SELL AROUND 30.80 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 30.60 LEVEL AND MAINTAINING SL OF 31.00

COPPER HOURLY CHART

S1 3.7045

S2 3.6845

R1 3.7445

R2 3.7645

COPPER LOOKS BEARISH SELL BELOW 3.7180 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.6980 LEVEL AND MAINTAINING SL OF 3.7380 0

CRUDE OIL HOURLY CHART

S1 96.40

S2 96.00

R1 97.20

R2 97.60

CRUDE LOOKS BULLISH BUY AROUND 96.70 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 97.10 LEVEL AND MAINTAINING SL OF 96.30

MARKET STATISTICS
OPEN GOLD SILVER CRUDE COPPER NGAS ALUMINIUM LEAD NICKEL 1650.86 31.09 97.57 3.7215 3.242 2117.88 2420.75 18280.00 HIGH 1653.32 31.20 98.09 3.7538 3.318 2149.51 2441.38 18492.00 LOW 1640.25 30.72 96.62 3.7183 3.226 2117.51 2402.63 18280.00 CLOSE 1642.37 30.76 97.17 3.7350 3.294 2137.51 2410.75 18397.00

ECONOMIC CALENDAR
DATE Feb 15 Feb 15 Feb 15 CURRENCY USD USD ALL Retail Sales m/m Prelim UoM Consumer Sentiment G20 Meetings FORECAST 0.5% 74.8 PREVIOUS -0.1% 71.3

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