DAILY COMEX COMMODITY REPORT 28th OCTOBER 2014 Our Presence Epic Research India HNI & NRI Sales Contact USA Toll Free Number 411 Milinda Manor (Suites 409-425) 2117 Arbor Vista Dr. Charlotte (NC) 1-800-200-9454 2 RNT Marg. Opp Central Mall Cell: +1 704 249 2315 All queries should be directed to Indore (M.P.) [email protected] Hotline: +91 731 6642300 HNI & NRI Sales Contact Australia Or give us a missed call at Mintara Road, Tarneit, Victoria, Post Code 3029 026 5309 0639 Phone: +61 422 063855 YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 DAILY MARKET OUTLOOK 28th OCTOBER 2014 PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1228.1 -1.20 -0.10% DEC-14 COMEX SILVER USD/T OZ. 17.19 0.03 0.16% DEC-14 COMEX COPPER USD/LB. 3.0680 0.0080 0.26% DEC-14 PALTINUM USD/T OZ. 1256.00 -2.05 -0.16% JAN-15 ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 80.72 -0.28 -0.35% DEC-14 CRUDE OIL(BRENT) USD/BBL. 85.38 -0.01 -0.01% DEC-14 NY. NATURAL GAS USD/MMBTU 3.64 0 0.03% DEC-14 NY. HEATING OIL USD/GAL. 2.46 0.00 -0.01% DEC-14 YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 DAILY SUPPORT & RESISTANCE 28th OCTOBER 2014 COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(DEC-14) 1228.50 1229.70 1230.30 1231.50 1232.10 SILVER(DEC-14) 17.19 17.21 17.23 17.24 17.26 WTICRUDEOIL(NOV-14) 80.48 80.55 80.59 80.66 80.70 NATURALGAS(NOV-14) 3.631 3.635 3.637 3.64 3.643 COPPER(DEC-14) 3.0610 3.0640 3.0690 3.0720 3.08 LME BASE METALS OFFICIAL CASH PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1857.00 -9.50 -0.51% ALUMINIUM -14875 COPPER 6936.50 46.00 0.67% COPPER Unch LEAD 2140.50 1.00 0.05% LEAD -275 ZINC 2180.00 10.50 0.48% ZINC -1650 NICKEL 18625.00 345.00 1.89% NICKEL 90 TIN 22425.00 -175.00 -0.77% TIN Unch YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 INTERNATIONAL COMMODITY NEWS 28th OCTOBER 2014 • Gold prices dipped slightly in early Asia trade on Tuesday with the focus growing on the Federal Reserve. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at $1,225.80 a troy ounce, down 0.06%, after hitting an overnight session low of $1,227.50 and off a high of $1,232.00. Overnight, gold prices fell earlier as investors avoided the yellow metal and jumped to the sidelines ahead of the Federal Reserve's statement on monetary policy on Wednesday. The Fed is widely seen closing its bond-buying program, though uncertainty as to whether or not the statement will contain dovish or hawkish language surrounding interest rates prompted investors to avoid the yellow metal ahead of time. • Natural gas prices moved lower on Monday after updated weather-forecasting models continued to call for mild temperatures across much of the U.S., which should curb demand for both heating and air conditioning. On the New York Mercantile Exchange, natural gas futures for delivery in December were down 1.33% at $3.649 per million British thermal units during U.S. trading. The commodity hit a session low of $3.623, and a high of $3.720. The December contract settled down 0.22% on Friday to end at $3.698 per million British thermal units. Natural gas futures were likely to find support at $3.545 per million British thermal units, the low from Nov. 19, 2013, and resistance at $3.842, last Monday's high. • Oil futures ended Friday's session lower, amid speculation rising global supplies will be more than enough to meet slowing demand. On the New York Mercantile Exchange, crude oil for delivery in December slumped $1.08, or 1.32%, on Friday to end the week at $81.01 a barrel. For the week, New York-traded oil futures lost $1.38, or 1.67%, the fourth consecutive weekly decline. • Elsewhere, on the ICE Futures Exchange in London, Brent for December delivery fell 70 cents, or 0.81%, on Friday to settle at $86.13 a barrel by close of trade. For the week, the November Brent contract dropped 3 cents, or 0.03%, the fifth straight weekly loss. Meanwhile the spread between the Brent and the WTI crude contracts stood at $5.12 a barrel by close of trade on Friday, compared to $3.41 in the preceding week. YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 EPIC DAILY TOP PICKS 28th OCTOBER 2014 GOLD COMEX -DAILY CANDLESTICK CHART TRADING STRATEGY : BUY GOLD ABOVE 1230 TGT 1234,1239 SL 1225 SELL GOLD BELOW 1223 TGT 1219,1214 SL 1228 YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 TODAY'S ECONOMIC EVENTS 28th OCTOBER 2014 YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 DISCLAIMER 28th OCTOBER 2014 The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. 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. 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