commodity tips

Daily Newsletter04/07/2011

Daily Newsletter-Commodity

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MARKET WRAP

Oil falls on weak China data

China's factory sector grew at its slowest pace in 28 months in June

Gold fell more than 1 percent on Friday

The dollar index firmed 0.2 percent

Copper rises for fourth day on bright U.S. data

Aluminium LME warehouses had fallen nearly 16,000 tonnes

Oil fell on Friday on signs of slower growth in China and weaker U.S. consumer

sentiment, offsetting a supportive report showing an improving manufacturing sector in

the United States. Gold fell more than 1 percent on Friday to a six-week low, hurt by a

drop in oil prices, gains in the dollar versus a currency basket, and Greece's approval of

an austerity package, which cut the metal's appeal as a haven from risk. Copper steadied

on Friday after mixed data showed the pace of manufacturing growth in the United States

had increased in June, but that factory activity in top metals consumer China had slowed

raising concerns about demand.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Mon Jul 4

5:20am JPY Monetary Base y/y 16.4% 16.2%

2:00pm EUR Sentix Investor Confidence 1.1 3.5

2:30pm EUR PPI m/m -0.1% 0.9%

All Day USD Bank Holiday

TECHNICAL

GOLD(AUG)

COPPER(AUG)

NATURALGAS(JULY

ZINC(JULY)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 22150

• R1 - 21870Resistance

• S1 - 21520

• S2 - 21250support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 439

• R1 - 431Resistance

• S1 - 417

• S2 - 409support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 207

•R1 - 201Resistance

•S1 - 191

•S2 - 185support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 108.5

•R1 - 105.8Resistance

•S1 - 102.9

•S2 - 100.3support

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Phone

ECHNICAL VIEW

SILVER(SEP

) CRUDE(JULY

JULY) LEAD(JULY

NICKEL(

Consolidate

Buy on dips

22150

21870

21520

21250

• Consolidate

• Buy on dips

Trend

Strategy

• R2

• R1 Resistance

• S1 -

• S2 -support

Consolidate

Buy on dips• Consolidate

• Sell on high

Trend

Strategy• R2 -

• R1 -Resistance

• S1 -

• S2 -support

Consolidate

Sell on high

• Consolidate

• Buy on dips

Trend

Strategy• R2

• R1 Resistance

• S1

•S2 support

Consolidate

Buy on dips

108.5

105.8

• Consolidate

• Sell on high

Trend

Strategy

•R2 -

•R1 -Resistance

•S1 -

•S2 -support


[email protected]

Phone- (0731)4295950

SEP)

JULY)

JULY)

JULY)

Consolidate

Buy on dips

R2 - 54800

R1 - 52750

- 50280

- 49300

Consolidate

Sell on high

- 4370

- 4290

4170

4090

Consolidate

Buy on dips

R2 - 122.5

R1 - 119.3

- 116.8

- 113.5

Consolidate

Sell on high

- 1093

- 1057

1028

993

ALUMINIUM(JULY

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the most.

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whatsoever for any financial profits or loss which may arise from the recommendations above.

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anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to

which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 116.8

•R1 - 113.5Resistance

•S1 - 110.3

•S2 - 108.5support

[email protected]

Phone

JULY)


accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them


reliable.

This material is for personal information and based upon it & takes no responsibility


ent advice. Capitalheight recommends that investors independently evaluate particular


responsible for any transaction conducted based on the information given in this report, which is in violation of rules and

price projections shown are not necessarily indicative of future price performance. The information herein,

d forecasts, can change without notice. Analyst or any person related to Capitalheight


ews expressed as a recommendation for which either the site or its owners or anyone can

be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.

ity market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred

whatsoever for any financial profits or loss which may arise from the recommendations above. Capital

purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or

anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to

which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

Consolidate

Sell on high


[email protected]

Phone- (0731)4295950


of fact or opinion. Users have the right to choose the product/s that suits them



ent advice. Capitalheight recommends that investors independently evaluate particular


on the information given in this report, which is in violation of rules and

price projections shown are not necessarily indicative of future price performance. The information herein,

Capitalheight might be


ews expressed as a recommendation for which either the site or its owners or anyone can

we are not responsible for any loss incurred

Capitalheight does not

Our Clients (Paid Or Unpaid), Any third party or

anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone

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