Commodity Tips by CapitalHeight

Daily Newsletter29/03/2011

Daily Newsletter-Commodity

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MARKET WRAP

Gold keeps cutting loss as dollar retreats

Euro erased losses against the dollar

Oil felt pressure earlier by the stronger dollar

Copper prices stumbled on Monday

Copper stocks at highest since last July

Gold fell more than 1 percent on Monday, briefly dipping below $1,410 an ounce, as the

dollar rose after hawkish comments from a Federal Reserve official last week and as

impetus from unrest in the Middle East petered out. Oil retreated on Monday, with both

U.S. and Brent crude futures slipping over a dollar, after Libyan rebels regained control

of key oil towns and the dollar firmed on hawkish comments from a U.S. central banker.

Copper prices stumbled on Monday as renewed worries about Japan's crisis, unrest in

the Middle East and rising stocks persuaded investors to retreat from assets perceived

to be risky.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Tue Mar 29

1:10am USD FOMC Member Evans Speaks

11:30am EUR GfK German Consumer Climate 5.9 6.0

All Day EUR German Prelim CPI m/m 0.4% 0.5%

12:15pm EUR French Consumer Spending m/m 0.6% -0.5%

6:30pm USD S&P/CS Composite-20 HPI y/y -3.1% -2.4%

7:30pm USD CB Consumer Confidence 64.9 70.4

TECHNICAL

GOLD(APR)

COPPER(APR)

NATURALGAS(APR)

ZINC(MAR)

• Consolidate

• Buy on dips

Trend

Strategy• R2 -21130

• R1 -20870Resistance

• S1 -20630

• S2 -20450support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 447

• R1 - 439Resistance

• S1 - 427

• S2 - 418support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 217

•R1 - 208Resistance

•S1 - 197

•S2 - 189support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 108.5

•R1 - 105.7Resistance

•S1 - 103.3

•S2 - 100.5support

ECHNICAL VIEW

SILVER(MAY

CRUDE(APR)

LEAD(MAR

NICKEL(MAR

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 57550


• S1 - 54850

• S2 - 53900support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4895


• S1 - 4670

• S2 - 4590support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 124.5

• R1 - 121.3Resistance

• S1 - 117.8


• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1228

•R1 - 1197Resistance

•S1 - 1163

•S2 - 1128support


[email protected]

Phone- (0731)4295950

MAY)

)

LEAD(MAR)

NICKEL(MAR)

Consolidate

Buy on dips

57550

56250

54850

53900

Consolidate

Buy on dips

4895

4790

4670

4590

Consolidate

Buy on dips

124.5

121.3

117.8

114.5

Consolidate

Sell on high

1228

1197

1163

1128

ALUMINIUM(MAR)

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

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 119.3

•R1 - 117.5Resistance

•S1 - 115.1



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


analysis and up on sources that we consider reliable.

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


made investment advice. Capitalheight recommends that investors independently evaluate

particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shal

not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules

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

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


his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone


Investment in Commodity and equity 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. Capitalheight

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


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


[email protected]

Phone- (0731)4295950


Users have the right to choose the product/s that suits



Capitalheight recommends that investors independently evaluate

particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall

rmation given in this report, which is in violation of rules

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

Capitalheight might be


d as a recommendation for which either the site or its owners or anyone


we are not responsible for any loss incurred

Capitalheight does not

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


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