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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-17-2017

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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-17-2017

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  1. BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 17th April 2017 Tracking Market Commodity News APR 17/2017 Close AbsChange Energy Oil down slightly in subdued trade after failed North Korean missile test Crude oil futures fell slightly in quiet trading on Monday, after a three-day Easter break, as investors digested a third consecutive weekly gain in prices along with North Korea's failed missile launch on Sunday. Bullions Gold gains in Asia after solid China GDP, Korean tensions Gold prices gained solidly on Monday as China GDP came in better than expected and tensions on the Korean peninsula supported demand. Currency Dollar hits five-month low vs. yen as North Korea tensions mount The dollar dipped to a five-month low against the yen on Monday as rising tensions over North Korea kept the safe-haven Japanese currency in demand. Base Metals Peru’s copper output slightly up Peru’s Ministry of Energy and Mines revealed this week that the country?s copper production rose by 5.42% in February compared to the same month last year. Overall growth for the first two months of 2017 reached 14.76%. Agri Commodity Jeera rebounds on West Asia tension Jeera (cumin) prices rebounded in the domestic market on account of tension in West Asia, particularly after the airstrike on Syria, the second largest producer of the spice. Tea auction turnover up 9% in Q1 The cumulative turnover of the auctions of the Coonoor Tea Trade Association has risen by 9.12 per cent in the first quarter of the current calendar over the same period of 2016. GOLD 29409 +180 SILVER 42571 +369 CRUDE OIL 3420 -24 NATURAL GAS 207.10 +0.40 COPPER 366.20 +2.45 NICKEL 626.70 -1.70 LEAD 144.70 -0.75 ZINC 168.60 +0.50 ALUMINIUM 123.10 +0.75 $ / Re. 64.40 -0.27 Light Sweet Crude Oil 52.91 -0.49 Gold $ / OZ- 1290.10 +12.00 Silver $ / OZ- 18.54 +0.24 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  2. BULLIONS WEEKLY TECHNICAL LEVELS PIVOT TABLES SCRIP S2 S1 R1 R2 STRATEGY BUY ON DIPS GOLD 29222 29313 29468 29526 BUY ON DIPS SILVER 42129 42350 42743 42915 SELL ON RISE CRUDE OIL 3392 3406 3438 3456 SELL ON RISE NATURALGAS 200.40 203.80 209.80 212.40 SELL ON RISE COPPER 362.70 364.50 368.10 369.90 SELL ON RISE NICKEL 619.70 623.50 632.30 637.50 SELL ON RISE LEAD 143.20 144.50 145.80 146.90 SELL ON RISE ZINC 164.10 166.35 170.05 171.50 SELL ON RISE ALUMINIUM 121.85 122.50 123.55 123.95 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  3. BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY BUY GOLD @29430 TGT 29530/29730 SL BELOW 29280 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  4. BULLIONS WEEKLY TECHNICAL LEVELS DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. Entering our site means that you have read, understood and agreed to everything that is written and implied in this disclaimer note. RESEARCH is published solely for informational purposes and must in no way be construed as investment advice for a specific individual. The information and views in this web-site & all the services we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Investment in equity shares, futures, options and commodities has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above. Call @ +91-9039089381 Email : info@ripplesadvisory.com

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