We are Provide Research Calls On All Segments Of Share Market Like Free Commodity Tips,  base metal, equity market, future & options, Mcx intraday tips, intraday trading calls as well as forex market.

GOLD NEWS

gold
Gold steadied after three days of losses on Tuesday but remained under pressure as the dollar was well bid on expectations the Federal Reserve could still raise U.S. rates this year. Gold touched its highest level in 3-1/2 months last week on bets the Fed will not raise U.S. rates amid concerns about the global economy. But the rally lost steam after robust U.S. economic data, and as gold failed to surge past the key $1,200 level. The Fed holds two more policy meets this year: next week and in December. Market expectations for a rate hike have shifted to next year in recent weeks.

BASE METAL

copper
LME copper opened at USD 5,276/mt overnight and then fell back to USD 5,252/mt. Later, LME copper dived to USD 5,203/mt and ended at USD 5,212/mt, down USD 60/mt. Trading volumes fell 851 to 11,753 lots and positions dropped 887. LME copper inventories posted modest growth but Asian inventories printed losses, a sign of continuous inflow to China. Poor data from China and sell-offs on LME copper during European and US trading hours will curtail base metal prices. LME copper will move in USD 5,185-5,250/mt during Asian trading hours. SHFE 1512 copper will range between RMB 39,000-39,300/mt on October20.
ENERGY NEWS

energy

Oil prices rebounded in Asian trade on Tuesday as traders covered short positions after prices fell at least 3 percent in the previous session, but gains were capped by worries about oversupply and the health of the global economy. Iran boosting crude production when international sanctions are lifted and weaker economic growth in China, the world's second-largest economy, weighed on markets, Le Brun said. Iran plans to increase crude production by 500,000 barrels per day within a week of the lifting of sanctions, a senior Iranian oil official was quoted as saying on Monday, selling the oil to traditional customers in Asia and Europe.

BULLION & ENERGY

CS GOLD (DECEMBER) OVERVIEW:
gold 1
TREND : BEARISH
RESIST 2: 27200
RESIST 1: 27060
SUP 1: 26840
SUP 2: 26700
STRATEGY: SELL ON RISE