Commodity Tips by

Daily Newsletter17/05/2011

Daily Newsletter-Commodity

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MARKET WRAP

Gold steady as euro recovers

Euro hits session high vs dlr

Copper turned positive on Monday

Oil dips on worries over world growth

Gold held steady on Monday as the euro lifted off seven-week lows, but the currency

remained vulerable to uncertainty about indebted euro zone countries. The dollar

earlier rose to a seven-week high against the euro. Copper turned positive on Monday,

as the euro strengthened on expectations a meeting of European finance ministers will

offer more clarity on euro zone debt aid,

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Tue May 17

All Day EUR ECOFIN Meetings

2:30pm EUR German ZEW Economic Sentiment

4.8 7.6

2:30pm EUR ZEW Economic Sentiment 17.9 19.7

6:00pm USD Building Permits 0.59M 0.59M

6:00pm USD Housing Starts 0.58M 0.55M

6:45pm USD Capacity Utilization Rate 77.7% 77.4%

6:45pm USD Industrial Production m/m 0.5%

TECHNICAL

GOLD(JUNE)

COPPER(JUNE)

NATURALGAS(MAY)

ZINC(MAY)

• Consolidate

• Buy on dips

Trend

Strategy• R2 -22250

• R1 -22090Resistance

• S1 -21720

• S2 -21450support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 415

• R1 - 407Resistance

• S1 - 393

• S2 - 385support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 206

•R1 - 197Resistance

•S1 - 187

•S2 - 179support

• Bearish

• Sell on high

Trend

Strategy

•R2 - 101.5

•R1 - 97.3Resistance

•S1 - 94.5

•S2 - 91.8support

ECHNICAL VIEW

SILVER(JULY

CRUDE(MAY

) LEAD(MAY

NICKEL(MAY

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 55500


• S1 - 51850

• S2 - 50200support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4530


• S1 - 4360

• S2 - 4270support

• Bearish

• Sell on high

Trend

Strategy• R2 - 108.5

• R1 - 105.3Resistance

• S1 - 101.8

•S2 - 97.5support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1164

•R1 - 1125Resistance

•S1 - 1083

•S2 - 1048support


[email protected]

Phone- (0731)4295950

JULY)

MAY)

MAY)

MAY)

Consolidate

Sell on high

55500

53850

51850

50200

Consolidate

Buy on dips

4530

4465

4360

4270

Sell on high

108.5

105.3

101.8

97.5

Consolidate

Sell on high

1164

1125

1083

1048

ALUMINIUM(MAY)

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Investment in Commodity and equity market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof.

whatsoever for any financial profits or loss which may arise from th

purport to be an invitation or an offer to buy or sell any financial instrument.

anyone else have no rights to forward or share our calls or SMS or Report or A

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 - 119.5

•R1 - 116.8Resistance

•S1 - 114.2

•S2 - 111.5support


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


rces that we consider reliable.

This material 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

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

together with all estimates and forecasts, can change without notice. Analyst or any person related to Capitalheight


ee 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

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

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


[email protected]

Phone- (0731)4295950


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



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 shall

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,

Capitalheight might be


ee will and does not read any views expressed 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

ny Information Provided by us to/with anyone

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