Morning Newsletter (9 th Jan- 2019)

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Martin Curtis
5 years ago
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1 (9 th Jan- 2019) 1

Precious Metals 9 th -Jan-2019 MCX GOLD Daily Chart GOLD Commentary Gold prices headed lower on Tuesday as the U.S. dollar rebounded and hopes for progress in U.S.-Sino trade negotiations buoyed risk assets.

Commentary Investors also sold off the safe-haven precious metal as U.S.

2 Precious Metals 9 th -Jan-2019 MCX GOLD Daily Chart GOLD Commentary Gold prices headed lower on Tuesday as the U.S. dollar rebounded and hopes for progress in U.S.-Sino trade negotiations buoyed risk assets. Buy GOLD above TGT / SL Sell GOLD below TGT / SL Overnight Rate, CANADA BOC Press Conference, US FOMC MCX SILVER Daily Chart SILVER Commentary Investors also sold off the safe-haven precious metal as U.S.-China trade negotiations continued for a second day in Beijing, boosting demand for riskier assets such as equities. Buy SILVER above TGT / SL Sell SILVER below TGT / SL Overnight Rate, CANADA BOC Press Conference, US FOMC 2

3 Energy 319 st th -July Jan-2019 MCX CRUDE OIL Daily Chart CRUDE OIL Commentary Oil Rises as Trump Tweets U.S.-China Trade Talks 'Going Very Well'. Buy CRUDE OIL above 3507 TGT 3530 & 3558 SL 3474 Sell CRUDE OIL below 3441 TGT 3418 & 3390 SL 3474 Overnight Rate, CANADA BOC Press Conference, US FOMC MCX NATURAL GAS Daily Chart NATURAL GAS Commentary Natural gas may expect a tight range bound with high volatility. Buy NG above TGT & SL Sell NG below TGT & SL DATA Watch: Nil. 3

4 Base Metals 319 st th -July Jan-2019 MCX COPPER Daily Chart COPPER Commentary Comex copper prices sustained a modest recovery Tuesday morning in the United States, with the market awaiting further clarity on the current trade unrest. Buy COPPER above TGT / SL Sell COPPER below TGT / SL MCX ALUMINIUM Daily Chart ALUMINIUM Commentary Aluminium has witnessed subdued trade. Buy ALUMINIUM above TGT & SL Sell ALUMINIUM below TGT & SL

Base Metals 319 st th -July-2017 -Jan-2019 MCX LEAD Daily Chart LEAD Commentary Lead has remains in positive bias. Buy LEAD above 138.45 TGT 138.85 & 139.35 SL 137.

Buy ZINC above 176.45 TGT 177.05 & 177.75 SL 175.65 Sell ZINC below 174.85 TGT 174.25 & 173.55 SL 175.

5 Base Metals 319 st th -July Jan-2019 MCX LEAD Daily Chart LEAD Commentary Lead has remains in positive bias. Buy LEAD above TGT & SL Sell LEAD below TGT & SL MCX ZINC Daily Chart ZINC Commentary Zinc has witnessed a positive bias until close break below level. Buy ZINC above TGT & SL Sell ZINC below TGT & SL MCX NICKEL Daily Chart NICKEL Commentary Nickel has remains in positive rally with resistance of 803 range. Buy NICKEL above TGT & SL Sell NICKEL below TGT & SL Trump Speaks, US FOMC Member Evans Speaks,, GBP BOE Gov Carney Speaks, US FOMC 5

6 Pivot Table Morning & Economic Newsletter Calendar SUPPORTS & RESISTANCES 31 st -July th -Jan-2019 Commodity S3 S2 S1 Pivot Point R1 R2 R3 GOLD GOLDM SILVER SILVERM ALUMINIUM COPPER LEAD ZINC NICKEL CRUDE OIL NATURAL GAS ECONOMIC CALENDER Country Economic Event Forecast Previous Time JAPAN Average Cash Earnings y/y 1.3% 1.5% 5.30 AM US President Trump Speaks AM US FOMC Member Evans Speaks PM CANADA Overnight Rate 2.00% 1.75% 8.30 PM GBP BOE Gov Carney Speaks PM US Crude Oil Inventories M 0.007M 9.00 PM US FOMC Member Rosengren Speaks PM 6

7 Morning Disclaimer Newsletter 31 st -July th -Jan-2019 RESEARCHED & PREPARED BY B.KESAVAMOORTHY SENIOR MANAGER (RESEARCH ) CONTACT NO: ID: KESAVAMOORTHY.B@SKYCOMMODITIESMAILS.COM Disclaimer LAL S This report is for the personal information of the authorized recipient and is not for public distribution The information provided in the document is from information /data. available in public domain and other sources, which we believe, are reliable. We have made our best efforts to try and ensure accuracy of data however, Sky Commodities and/or any of its affiliates and/or employees shall not liable for resultant loss or damage that may arise from use of this document Sky Commodities and/or any of its affiliates and/or employees may or may not hold positions in any of the securities mentioned in the document. Investors should not solely rely on the information contained in this document and must make investment decisions based on their own investment objectives, risk appetite, investment horizon, financial strength or other parameter. The recipients of this material should take their own professional advice or consult your SEBI registered Investment Adviser for your specific Investment related advice/requirements and/or before acting on this information. The report also includes analysis and views expressed by our research team. The report is purely for information purposes and does not construe to be investment recommendation/advice or an offer or solicitation of an offer to buy/sell any securities. The opinions expressed are our current opinions as of the date appearing in the material and may be subject to change from time to time without notice. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to local law, regulation or which would subject Sky Commodities and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction. 7

Morning Newsletter (10 th Jan- 2019)

Morning Newsletter (10 th Jan- 2019) (10 th Jan- 2019) 1 Precious Metals 10 th -Jan-2019 MCX GOLD Daily Chart GOLD Commentary Gold prices were flat on Wednesday as traders turned to riskier assets amid U.S.-China trade hope. Buy GOLD above