Wednesday, July 15, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • NYMEX crude weaker in Asia as U.S. stockpiles, Iran eyed .
  • Gold declines ahead of U.S. retail sales data, Yellen in focus .
  • Oil prices tumble as Iran, global powers reach nuclear deal .
  • Copper under pressure as markets brace for gloomy China GDP data .
  • Oil futures tumbled sharply on Tuesday, after an Iranian diplomat confirmed that a historic nuclear agreement between Tehran and the West was reached in Vienna.

TRADING STRATEGY :
SELL GOLD BELOW 1153 TARGET 1148 1142 SL 1159
BUY GOLD ABOVE 1157 TARGET 1162 1168 SL 1151

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