HEADLINE Gold languishes near seven-month low on Fed worries. Gold rebounded half a percent on, but remained near a seven-month low hit in the previous session on worries that the Federal Reserve may stop or slow its bond buying programme. Gold fell together with other commodities, amid speculation that a hedge fund had been forced to liquidate positions across metals and oil markets. Spot gold gained nearly half a percent to $1,569.26 an ounce by 0034 GMT, after falling to $1,558.24 in the previous session, its lowest since last July. It fell 2.6 percent on Wednesday, posting the biggest daily drop in a year. U.S. gold fell 0.6 percent to $1,569.20. Copper hits 1-month low, China traders still absent Copper prices fell on to their lowest in more than month, dragged down by persistent demand concernsas post-holiday buying from top consumer Chinaremained subdued, and with a strong dollar alsoweighing on prices. Benchmark three-month copper onthe London Metal Exchange (LME), untraded at theclose, was bid at $7,960 a tonne, having fallen belowthe psychologically significant $8,000 tonne to hit itslowest level since Jan. 17 TRADING TIPS Sell Copper Feb * Below 429 * TGTS-426/422 * SL-432 Buy Natural Gas Feb * Above 179.60 * TGTS-183/186 * SL- 177 ANALYSIS DAILY MCX GOLD CHART OPEN: 30028 HIGH: 30040 LOW: 29505 CLOSE: 29579 * GOLD LOOKS DOWNWARD * TREND: BEARISH * STRATEGY: SELL ON RISE DAILY MCX SILVER CHART OPEN: 55259 HIGH: 55278 LOW: 53266 CLOSE: 53720 * SILVER LOOKS DOWNWARD * TREND: BEARISH * STRATEGY: SELL ON RISE Option tips Business analyst jobs Mcx tips Intraday tips Intraday trading tips Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, Stock Futures Tips, NSE Tips, BSE Tips, COMEX Tips, NCDEX Tips.