COMMODITY MARKET TRENDS 07 MARCH 2014

BASE METAL WRAP: Copper prices edged lower on Thursday, as investors remained cautious ahead of the release of upcoming U.S. economic data and a policy meeting by the European Central Bank.
CS CRUDE (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:6100
SUP2:6050
RESIST1:6275
RESIST2:6310
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
ENERGY WRAP: Crude oil prices gained in Asia on Friday as the markets shrugged off bearish factors such as ample U.S. supplies and looked ahead to prospects of renewed flareups in the Ukraine over a referendum on the sovereignty of the Crimean peninsula.
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:29880
SUP2:29750
RESIST1:30320
RESIST2:30680
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
PRECIOUS METAL WRAP: Gold futures rose for the second straight day amid forecasts that U.S. borrowing costs will hold at a record low and European inflation will pick up gradually.
CS SILVER (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:46000
SUP2:45700  
RESIST1:47700
RESIST2:48400
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

GLOBAL EVENTS TO WATCH: RBA Gov Stevens Speaks, Employment Change, Trade Balance, Unemployment Rate, Non-Farm Employment Change, Trade Balance, Unemployment Rate, Average Hourly Earnings m/m, FOMC Member Dudley Speaks
CS COPPER (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:435
SUP2:432
RESIST1:440
RESIST2:444
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927