Wednesday, May 6, 2015

SGX Comex Recommendations : Epic Research Singapore

Posted on Wednesday, May 06, 2015by with No comments
INTERNATIONAL COMMODITY NEWS :
  • Gold, copper tick higher after HSBC China services index shows pickup .
  • NYMEX oil higher in Asia as partial API data shows crude stocks drop .
  • Natural gas futures trade near 6-week high on warm weather outlook .
  • WTI oil races above $60 a barrel ahead of U.S. API supply report .
  • Copper declines on stronger dollar, China growth woes .
TRADING STRATEGY :
BUY GOLD ABOVE 1200 TARGET 1205 1211 SL 1194
SELL GOLD BELOW 1190 TARGET 1185 1179 SL 1196

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