Daily Market Outlook

LME Inventory & Support –Resistance

News & Daily Candlestick

Daily Comex Report

DAILY COMEX COMMODITY REPORT BY EPIC RESEARCH SINGAPORE

COMMODITY UNIT PRICE CHANGE % CHANGE CONTRACT

COMEX GOLD USD/T OZ. 1547.96 +18.47 +1.22% 20-APR

COMEX SILVER USD/T OZ. 14.715 +0.215 +1.50% 20-MAY

COMEX COPPER USD/LB. 2.451 -0.056 -2.23% 20-MAY

PLATINUM USD/T OZ. 765.50 -1.10 -0.14% 20-APR

COMMODITY UNIT PRICE CHANGE % CHANGE CONTRACT

CRUDE OIL(WTI) USD/BBL. 31.59 -0.52 -1.62% 20-APR

CRUDE OIL(BRENT) USD/BBL. 32.85 -1.00 -3.01% 20-MAY

NY. NATURAL GAS USD/MMBTU 1.824 -0.061 -3.24% 20-APR

NY. HEATING OIL USD/GAL. 1.0903 -0.0748 -6.42% 20-APR

METALS INVENTORY CHANGE (MT)

ALUMINIUM -7500

COPPER -3750

LEAD 0

NICKEL +6

ZINC -300

DAILY COMEX REPORT

Date– 16-MARCH-2020

Please refer to disclaimer at the end of report

PRECIOUS METALS AND INDUSTRIAL METALS

ENERGY COMMODITY FUTURE

LME WAREHOUSE STOCK (INVENTORY)

www.venza.my

COMMODITY SUPPORT –2 SUPPORT-1 PIVOT POINT RESISTANCE-1 RESISTANCE-2

GOLD 1490.28 1524.06 1549.38 1583.16 1608.48

SILVER 14.303 14.541 14.893 15.131 15.483

WTI CRUDEOIL 28.82 29.82 31.15 32.15 33.48

NATURALGAS 1.761 1.787 1.820 1.846 1.879

COPPER 2.355 2.396 2.454 2.495 2.553

Oil extended losses on Monday as an emergency rate cut by the U.S. Federal Reserve failed to soothe

global financial markets panicked by the rapid spread of the coronavirus while a price war rages on

between top producers

Brent Crude fell $1.13 to $32.72 a barrel by 0230 GMT, tumbling after last week's plunge of 25%, the

largest weekly fall since 2008. The front-month price opened at a high of $35.84 but slipped to a low of

$31.63.U.S. Crude was at $31.01, down 72 cents after slipping below $30 earlier in the session, despite

U.S. President Donald Trump's pledge to fill strategic oil reserves in the world's largest oil consumer "to

the top".

The U.S. Fed slashed interest rates on Sunday in its second emergency cut this month, and said it would

expand its balance sheet by at least $700 billion in coming weeks in a bid to ease tension in financial

markets.

Please refer to disclaimer at the end of report

DAILY SUPPORT & RESISTANCE

INTERNATIONAL COMMODITY NEWS

DAILY COMEX REPORT

Date– 16-MARCH-2020

www.venza.my

Time Cur. Event Forecast Previous

Please refer to disclaimer at the end of report

ECONOMIC CALENDAR

DAILY COMEX REPORT

Date– 16-MARCH-2020

www.venza.my

GOLD COMEX -DAILY CANDLESTICK CHART

•The OPEC meeting ended with ministers approving additional production cuts

for Q1 2020, two delegation sources told Russian news outlet TASS on Thursday

afternoon.The cuts for the OPEC+ group which currently stand at 1.2 million bpd,

will be increased to 1.7 million bpd, the sources said, per the monitoring

committee’s earlier recommendation, which OPEC today approved.

TRADING STRATEGY :

BUY GOLD ABOVE 1560 TGT 1570 1580 SL BELOW 1548

SELL GOLD BELOW 1540 TGT 1530 1520 SL ABOVE 1552

Please refer to disclaimer at the end of report

DAILY COMEX REPORT

Date– 16-MARCH-2020

www.venza.my

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. This material is for personal information and based upon it & takes no responsibility

The information given herein should be treated as only factor, while making investment decision. The report does not provide

individually tailor-made investment advice. venza research recommends that investors independently evaluate particular investments

and strategies, and encourages investors to seek the advice of a financial adviser. venza research shall not be responsible for any

transaction conducted based on the information given in this report, which is in violation of rules and regulations .

The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all

estimates and forecasts, can change without notice. Analyst or any person related to venza research might be holding positions in the

stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any

views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and

reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own

risks.

We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for

any financial profits or loss which may arise from the recommendations above venza research does not purport to be an invitation or an

offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or

share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If

found so then Serious Legal Actions can be taken.

Our Footprint

Head Office – Singapore

Address: 1, ONE Raffles Place, #44-01A,

Singapore 048616

Malaysia

+60-3502-19047

info@venza.my

DAILY COMEX REPORT

Date– 16-MARCH-2020