Tuesday, June 3, 2014

Sgx Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
• Gold prices eased in Asia on Tuesday with mixed data from China weighing on demand prospects from one of the world’s top importers. Chinese non-manufacturing PMI for May rose to 55.5, the highest since November, from 54.8.


TRADING STRATEGY :
BRENTCRUDEOIL-NYMEX has closed @ 108.79. If it breaks the level of 108.65, it can touch the level of 108.10 & 107.32 respectively. If it sustain above the level of 109.83, it can touch the level of 110.38, 111.16 respectively.
  • SELL BRENTCRUDEOIL-NYMEX BELOW 108.65 TGTS 108.10, 107.32 SL 109.25.
  • BUY BRENTCRUDEOIL-NYMEX ABOVE 109.83 TGTS 110.38, 111.16 SL 109.23.

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