Wednesday, August 5, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Gold prices struggled near a five-and-a-half year low on Tuesday, amid ongoing expectations for a September U.S. rate hike.
  • Brent oil rebounds after plunging to 6-month low .
  • Copper bounces off 6-year low after China stocks rally 3.7% .
  • As oil falls below $50, analysts eye ‘mid-price’ era .

TRADING STRATEGY :
BUY GOLD ABOVE 1088 TARGET 1093 1099 SL 1082
SELL GOLD BELOW 1084 TARGET 1079 1073 SL 1090

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