Wednesday, September 2, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Oil prices fell sharply on Tuesday after official data showed China’s giant manufacturing sec- tor, one of the main engines powering the world’s biggest energy consumer, contracted at its fastest pace in three years.
  • Gold futures rallied on Tuesday, as steep losses in global equity markets supported demand for the yellow metal.
  • Copper prices fell on Tuesday, after a pair of reports on China’s manufacturing sector added to concerns over a deepening slowdown in the world’s second largest economy.

TRADING STRATEGY :
BUY GOLD ABOVE 1140 TARGET 1145 1151 SL 1134
SELL GOLD BELOW 1137 TARGET 1131 1125 SL 1144

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