Thursday, May 7, 2015

SGX Comex Recommendations : Epic Research Singapore

Posted on Thursday, May 07, 2015by with No comments
INTERNATIONAL COMMODITY NEWS :
  • Gold steady to a tad weaker in Asia as Yellen comments digested .
  • NYMEX crude weaker in Asia on profit taking after overnight surge .
  • Copper declines after hitting 7-month high on China stimulus hopes .
  • Natural gas trades near 6-week high with all eyes on weekly storage data .
  • WTI oil futures soar above $62 after bullish U.S. supply data .
TRADING STRATEGY :
BUY GOLD ABOVE 1193 TARGET 1198 1204 SL 1187
SELL GOLD BELOW 1185 TARGET 1180 1174 SL 1191

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