DAILY COMEX COMMODITY REPORT DAILY COMEX COMMODITY REPORT Daily markrt outlook LME Inventory & Support –Resistance Daily market outlook News & Daily Candlestick LME Inventory Support _Resistance News Daily Candlestick EPIC RESEARCH SINGAPORE
DAILY COMEX COMMODITY REPORT Date– 09 - Mar DAILY COMEX COMMODITY REPORT Date– 24 Dec PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNIT PRICE CHANGE % CHANGE CONTRACT USD/T OZ. COMEX GOLD 1264.25 6.15 0.50 FEB-19 USD/T OZ. COMEX SILVER 14.742 0.040 0.270 MAR-19 USD/LB. COMEX COPPER 2.675 0.007 0.26 MAR-19 USD/T OZ. PLATINUM 794.20 5.15 0.65 JAN-19 ENERGY COMMODITY FUTURE COMMODITY UNIT PRICE CHANGE % CHANGE CONTRACT USD/BBL. CRUDE OIL(WTI) 45.78 0.18 0.39 JAN-19 USD/BBL. CRUDE OIL(BRENT) 54.20 0.10 0.18 FEB-19 USD/MMBTU NY. NATURAL GAS 3.724 -0.026 -0.69 JAN-19 USD/GAL. NY. HEATING OIL 1.7394 0.0083 0.48 JAN-19 LME WAREHOUSE STOCK(INVENTORY) METALS INVENTORY CHANGE (MT) ALUMINIUM 11125 COPPER 1500 LEAD 0 ZINC -1950 TIN 0 www.epicresearch.sg www.epicresearch.my DAILY COMEX COMMODITY REPORT BY EPIC RESEARCH SINGAPORE Iforex Market Insight By Epic Research Malaysia
DAILY COMEX COMMODITY REPORT Date– 24 Dec DAILY SUPPORT & RESISTANCE COMMODITY SUPPORT –2 SUPPORT-1 PIVOT POINT RESISTANCE-1 RESISTANCE-2 GOLD 1259.82 1260.99 1261.67 1262.84 1263.52 SILVER 14.702 14.713 14.725 14.735 14.748 WTI CRUDEOIL 45.31 45.45 45.59 45.73 45.87 NATURALGAS 3.657 3.696 3.716 3.755 3.775 COPPER 2.661 2.666 2.671 2.676 2.681 INTERNATIONAL COMMODITY NEWS Gold traders will continue to monitor political risks and watch developments in equity markets in the week ahead, after the failure by the U.S. Congress and President Donald Trump to agree to a spending bill by midnight Saturday resulted in a partial U.S. government shutdown. Gold is often sought in times of geopolitical tension or market turbulence. Else- where, on the data front, the U.S. will see a relatively quiet week in terms of economic releases, with reports on con- sumer confidence and the housing sector expected to draw the most attention. OPEC and allied oil producers are ready to hold an extraordinary meeting and will do what is needed if the current cut in oil output by 1.2 million barrels per day does not balance the market next year, the United Arab Emirates' energy minister said on Sunday. Oil prices dipped on Monday ahead of the Christmas holiday break, adding to last week's steep losses on concerns about a global oversupply. International benchmark Brent crude (LCOc1) futures fell 27 cents, or 0.5 percent, to $53.55 a barrel at 0106 GMT. Brent touched $52.79 on Friday, its lowest since September 2017. U.S. West Texas Intermediate (WTI) crude futures (CLc1) eased 8 cents, or 0.1 percent, to $45.51 a barrel. ECONOMY NEWS U.S. President Donald Trump's Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as the "Plunge Protection Team." U.S. stocks have fallen sharply in recent weeks on concerns over slowing economic growth, with the S&P 500 index (SPX) on pace for its big- gest percentage decline in December since the Great Depression. China and the United States held a vice ministerial-level call on Friday, the second such contact in a week, achieving a "deep exchange of views" on trade imbalances and the protection of intellectual property, the Chinese Ministry of Commerce said. A statement posted on the ministry's website on Sunday said the two countries "made new progress" on those issues, without specifying further. China is considering introducing a new law on foreign investment to replace three existing laws on joint ventures and wholly owned foreign firms, state news agency Xinhua reported on Sunday. A draft law on foreign investment has been submitted to the National People's Congress (NPC) Standing Committee, according to Xinhua. The draft, which could take more than a year to be signed into law, includes policies on promoting and managing foreign investment. www.epicresearch.my Iforex Market Insight By Epic Research Malaysia
DAILY COMEX COMMODITY REPORT DAILY COMEX COMMODITY REPORT Date– 24 Dec GOLD COMEX -DAILY CANDLESTICK CHART TRADING STRATEGY : BUY GOLD ABOVE 1265 TGT 1270 1280 SL BELOW 1255 SELL GOLD BELOW 1255 TGT 1260 1270 SL ABOVE 1265 www.epicresearch.my Iforex Market Insight By Epic Research Malaysia
DAILY COMEX COMMODITY REPORT DAILY COMEX COMMODITY REPORT Date– 24 Dec ECONOMIC CALENDAR ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Monday, December 24, 2018 All Day Japan - Holiday United Kingdom - Christmas Eve - Early close at 12:30 Singapore - Christmas Eve - Early close at 12:35 New Zealand - Christmas Eve - Early close at 12:45 United States - Christmas Eve - Early close at 13:00 Australia - Christmas Eve - Early close at 14:10 00:00 SGD CPI (YoY) (Nov) 0.6% 0.7% 01:30 GBP GBP/USD Index 45.8% 01:30 USD Gold Index 66.4% 01:30 USD S&P 500 Index 77.2% 01:30 CHF USD/CHF Index 48.2% 01:30 AUD AUD/USD Index 50.1% 01:30 JPY USD/JPY Index 52.8% 01:30 NZD NZD/USD Index 50.8% 01:30 EUR EUR/USD Index 49.5% www.epicresearch.my Iforex Market Insight By Epic Research Malaysia www.epicresearch.sg
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