Gold futures fell to a one-week low
Silver futures for September delivery tumbled 4.9 percent
U.S. jobless rate stayed at 7.6 percent last month
Crude rose to a 14-month high
U.S. payrolls advanced by 195,000 workers
Gold futures fell to a
one-week low as the dollar surged to the highest in almost three years after U.S.
payrolls rose more than forecast in June, fueling speculation that the Federal
Reserve will scale back stimulus. Silver futures for September delivery tumbled
4.9 percent to $18.736 an ounce on the Comex, the biggest decline since June
20. The metal has dropped 38 percent this year. Crude rose to a 14-month high
after the U.S. reported adding more jobs than forecast in June, boosting
economic optimism, and on concern that unrest in Egypt will escalate. The U.S.
jobless rate stayed at 7.6 percent last month, while hourly earnings in the
year ended in June advanced by the most since July 2011, according to the Labor
Department.
TECHNICAL VIEW
GOLD
(AUG)
Trend •
Consolidate
Strategy • Sell on high
Resistance • R2
- 26780 ; R1 - 26250
support • S1 – 25850 ; S2 – 25580
support • S1 – 25850 ; S2 – 25580
SILVER
(JUL)
Trend • Consolidate
Strategy
• Sell on high
Resistance • R2 - 42450; R1 - 41270
support • S1 - 39150; S2 – 37500
STOCK CASH PLUS CALLS 04-07-2013
BUY CERA SANITRYWARE (LCP 501.05) ABOVE 503
TG-509-517
BUY AJANTA PHARMA (LCP-987.95) ABOVE 990
TG-997-1010
BUY CERA SANITRYWARE (LCP 501.05) ABOVE 503
TG-509-517
BUY AJANTA PHARMA (LCP-987.95) ABOVE 990
TG-997-1010
No comments:
Post a Comment