Wednesday, April 8, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Gold prices ease in Asia with U.S. economic data prospects in focus .
  • NYMEX crude falls sharply in Asia as API data shows 12.2 mln/b build .
  • U.S. natural gas prices inched higher on Tuesday, as market players continued to monitor extended weather forecasts to gauge the strength of demand for the fuel before the end of the winter heating season.
  • Copper futures rise with supply disruption concerns in focus .
  • U.S. expedites arms shipments to coalition bombing Yemen .

TRADING STRATEGY :

  • BUY GOLD ABOVE 1216 TARGET 1222 1228 SL 1210
  • SELL GOLD BELOW 1206 TARGET 1200 1194 SL 1212
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