Wednesday, May 13, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • NYMEX crude oil up in Asia after API stocks drop, DoE data ahead .
  • Crude soars more than 2% amid higher demand forecasts, stronger euro .
  • Gold moves above 1,190, amid global bond sell-off .
  • Natural gas futures surge 3% as weather turns warmer .
  • WTI oil futures rise ahead of U.S. API supply report .
  • Copper futures edge higher ahead of more China data .

TRADING STRATEGY :
BUY GOLD ABOVE 1198 TARGET 1203 1209 SL 1192
SELL GOLD BELOW 1187 TARGET 1182 1176 SL 1193

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