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– 30 Nov PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNIT PRICE CHANGE % CHANGE CONTRACT USD/T OZ. COMEX GOLD 1233.10 3.30 0.28 DEC-18 USD/T OZ. COMEX SILVER 14.420 -0.035 -0.24 DEC-18 USD/LB. COMEX COPPER 2.787 -0.026 -0.94 DEC-18 USD/T OZ. PLATINUM 822.50 -3.70 -0.45 JAN-18 ENERGY COMMODITY FUTURE COMMODITY UNIT PRICE CHANGE % CHANGE CONTRACT USD/BBL. CRUDE OIL(WTI) 51.38 1.08 2.15 JAN-19 USD/BBL. CRUDE OIL(BRENT) 59.80 0.72 1.22 DEC-18 USD/MMBTU NY. NATURAL GAS 4.535 -0.164 -3.49 DEC-18 USD/GAL. NY. HEATING OIL 1.8344 -0.008 -0.03 DEC-18 LME WAREHOUSE STOCK(INVENTORY) METALS INVENTORY CHANGE (MT) ALUMINIUM -2600 COPPER -1075 LEAD -450 ZINC -1050 TIN NA 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– 30 Nov DAILY SUPPORT & RESISTANCE COMMODITY SUPPORT –2 SUPPORT-1 PIVOT POINT RESISTANCE-1 RESISTANCE-2 GOLD 1209.80 1219.80 1226.80 1236.80 1243.80 SILVER 14.096 14.276 14.30 14.561 14.668 WTI CRUDEOIL 48.47 49.38 50.97 51.88 5347 NATURALGAS 3.954 4.334 4.570 4.950 5.186 COPPER 2.706 2.760 2.790 2.844 2.874 INTERNATIONAL COMMODITY NEWS Gold edged higher for the second consecutive session on Thursday and is currently placed at the top end of its weekly trading range, around the $1227-28 region. The Fed Chair Jerome Powell's comments that rates are just below the neu- tral level now triggered a broad-basedUS Dollar weakness and prompted some short-covering trade around the dollar- denominated commodity. Global temperatures are on course for a 3-5 degrees Celsius (5.4-9.0 degrees Fahrenheit) rise this century, far over- shooting a global target of limiting the increase to 2C (3.6F) or less, the U.N. World Meteorological Organization said on Thursday. “Greenhouse gas concentrations are once again at record levels and if the current trend continues we may see temperature increases 3-5 degrees C by the end of the century," Secretary-General Petteri Taalas said in the WMO's annual statement on the state of the climate. Oil prices erased an earlier decline that took U.S. crude below $50 for the first time in more than a year and jumped on reports that Russia recognized the need for major producers to cut production. New York-traded West Texas Interme- diate crude futures rose 98 cents, or 1.98%, at $51.27 a barrel by 9:35 AM ET (14:35 GMT). Meanwhile, Brent crude futures, the benchmark for oil prices outside the U.S., traded up 71 cents, or 1.20%, to $59.80. ECONOMY NEWS U.S. stocks opened lower on Thursday as investors took a cautious stance in the run up to U.S.-China trade talks at the upcoming G20 Summit after President Donald Trump said there was "a long way to go" on tariffs with Beijing. The Dow Jones Industrial Average (DJI) fell 22.78 points, or 0.09 percent, at the open to 25,343.65. The S&P 500 (SPX) opened lower by 6.82 points, or 0.25 percent, at 2,736.97. The Nasdaq Composite (IXIC) dropped 24.22 points, or 0.33 percent, to 7,267.37 at the opening bell. The euro zone bank sector is prepared for a hard Brexit and the Bank of England is right to warn of a deep recession if Britain leaves the bloc without a deal, European Central Bank Vice President Luis de Guindos said on Thursday. The BoE said on Wednesday that the British economy could shrink by as much as 8 percent in about a year in case of a no-deal Brexit, adding to pressure on lawmakers to drop their opposition to the Brexit agreement that Prime Minister Theresa May struck. China is hoping for "positive results" in resolving a trade dispute with the United States at a G20 summit in Argentina, the commerce ministry said on Thursday, ahead of a closely watched meeting of Chinese and U.S. leaders. U.S. Presi- dent Donald Trump and Chinese President Xi Jinping are due to hold trade discussions on the sidelines of the G20 sum- mit in Buenos Aires on Saturday. www.epicresearch.my Iforex Market Insight By Epic Research Malaysia
DAILY COMEX COMMODITY REPORT DAILY COMEX COMMODITY REPORT Date– 30 Nov ECONOMIC CALENDAR ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Friday, November 30, 2018 02:00 GBP Nationwide HPI (MoM) (Nov) 0.1% 0.0% 02:00 GBP Nationwide HPI (YoY) (Nov) 1.7% 1.6% 03:00 CHF KOF Leading Indicators (Nov) 99.5 100.1 05:00 EUR Core CPI (YoY) 1.1% 1.1% 05:00 EUR CPI (YoY) (Nov) 2.0% 2.2% 05:00 EUR ECB's Mersch Speaks 05:00 EUR Unemployment Rate (Oct) 8.0% 8.1% 07:00 INR GDP Quarterly (YoY) (Q2) 7.4% 8.2% 09:00 USD FOMC Member Williams Speaks 09:45 USD Chicago PMI (Nov) 58.0 58.4 13:00 USD U.S. Baker Hughes Oil Rig Count 885 13:00 USD U.S. Baker Hughes Total Rig Count 1,079 15:30 GBP CFTC GBP speculative net positions -43.5K 15:30 USD CFTC Crude Oil speculative net positions 367.2K 15:30 USD CFTC Gold speculative net positions 8.9K 15:30 USD CFTC S&P 500 speculative net positions 224.3K 15:30 AUD CFTC AUD speculative net positions -59.2K 15:30 JPY CFTC JPY speculative net positions -100.1K 15:30 EUR CFTC EUR speculative net positions -47.2K www.epicresearch.my Iforex Market Insight By Epic Research Malaysia www.epicresearch.sg
DAILY COMEX COMMODITY REPORT DAILY COMEX COMMODITY REPORT Date– 30 Nov GOLD COMEX -DAILY CANDLESTICK CHART TRADING STRATEGY : BUY GOLD ABOVE 1230 TGT 1235 1245 SL BELOW 1220 SELL GOLD BELOW 1220 TGT 1215 1205 SL ABOVE 1230 www.epicresearch.my Iforex Market Insight By Epic Research Malaysia
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