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MARKET WRAP
Gold futures fell from a two-week high
Silver futures for December delivery lost 0.7 percent
Crude fell 1.8 percent to $84.21 a barrel
Copper fell to a one-week low
Aluminum, nickel, zinc and lead fell in London
Gold futures fell from a two-week high as signs of an improving U.S. economy
boosted the dollar, cutting the metal’s appeal as an alternative investment. Silver
futures for December delivery lost 0.7 percent to $17.303 an ounce on the Comex.
The metal capped its first weekly gain in six weeks. West Texas Intermediate crude
tumbled further into a bear market amid signs of a global glut. Copper fell to a one-
week low in London as economic signals in Europe and China indicated metal
demand will ebb. Aluminum, nickel, zinc and lead fell in London, while tin was
unchanged.
ECONOMIC CALENDAR Date Time Currency Economic Data Forecast Previous
Mon Oct 13
11:30am EUR German WPI m/m 0.1% -0.2%
All Day EUR Eurogroup Meetings
All Day USD Bank Holiday
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TECHNICAL VIEW
GOLD(DEC) SILVER(DEC)
COPPER(NOV) CRUDE(OCT)
NATURALGAS(OCT) LEAD(OCT)
ZINC(OCT) NICKEL(OCT)
• Consolidate
• Sell on high
Trend
Strategy • R2 - 27480
• R1 - 27150 Resistance
• S1 - 26650
• S2 - 26280 support
• Consolidate
• Sell on high
Trend
Strategy • R2 - 40500
• R1 - 39350 Resistance
• S1 - 37350
• S2 - 36180 support
• Consolidate
• Sell on high
Trend
Strategy • R2 - 425
• R1 - 418 Resistance
• S1 - 407
• S2 - 399 support
• Consolidate
• Sell on high
Trend
Strategy • R2 - 5425
• R1 - 5350 Resistance
• S1 - 5210
• S2 - 5130 support
• Consolidate
• Buy on dips
Trend
Strategy •R2 - 249
•R1 - 242 Resistance
•S1 - 229
•S2 - 221 support
• Consolidate
• Sell on high
Trend
Strategy • R2 - 131.5
• R1 - 128.7 Resistance
• S1 - 124.4
•S2 - 121.5 support
• Consolidate
• Buy on dips
Trend
Strategy •R2 - 146.5
•R1 - 143.9 Resistance
•S1 - 140.2
•S2 - 137.3 support
• Consolidate
• Sell on high
Trend
Strategy •R2 - 1055
•R1 - 1037 Resistance
•S1 - 985
•S2 - 958 support
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ALUMINIUM(OCT)
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• Consolidate
• Sell on high
Trend
Strategy •R2 - 122.5
•R1 - 120.3 Resistance
•S1 - 116.3
•S2 - 113.5 support