Tuesday, May 5, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • NYMEX crude mostly steady with API data later in the day eyed .
  • Gold prices gain in Asia in holiday-thinned trade, RBA decision due .
  • Crude retreats from yearly highs, as Iran, Cushing remain in focus .
  • Natural gas futures drop from 5-week high on mild weather outlook .
  • Copper falls from 5-month high after dismal China PMI data .

TRADING STRATEGY :
BUY GOLD ABOVE 1193 TARGET 1198 1204 SL 1187
SELL GOLD BELOW 1184 TARGET 1179 1173 SL 1190

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