Monday, May 4, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • NYMEX crude falls in Asia as HSBC China April PMI comes in weak .
  • Copper prices slump on disappointing HSBC China PMI reading for April .
  • Gold continues slump in thinly traded session on May Day holiday .
  • Crude ends April up 25%, as OPEC supply level reaches two-year high .
  • Natural gas futures rallied to a five-week high on Friday, as forecasts for warmer weather across the U.S. in the week ahead lifted near-term demand expectations for the fuel.

TRADING STRATEGY :
BUY GOLD ABOVE 1186 TARGET 1191 1197 SL 1180
SELL GOLD BELOW 1178 TARGET 1173 1167 SL 1184

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