Daily commodity market report 10 march 2014 by epic research

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EPIC RESEARCH– ANALYST SPEAKS 10th MARCH 2014

GOLD

A sharp fall seen in MCX Gold after the US nonfarm payroll data showed the US created more jobs than expected. Although it manage to close above 30100 levels. tension between Ukraine and Rusia not over yet which is developing a positive factor for the bullions. Gold is taking support at 29900 level, while 30500 giving resistance to the price.

BUY GOLD(APR) ABOVE 30400 TGTS 30470/30570 SL 30300 SELL GOLD(APR) BELOW 30000 TGTS 29920/29820 SL 30100

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