Wednesday, November 25, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
Gold inched up on Tuesday, but remained not far above the prior session’s five-and-a-half-year low as investors awaited the release of revised U.S. third quarter economic growth data later in the day for a fresh reading on the strength of the economy. Gold futures are down more than 6% so far this month amid mounting expectations the Fed will raise rates for the first time in nearly a decade at its mid-December meeting.


TRADING STRATEGY :
BUY GOLD ABOVE 1075 TARGET 1080 1086 SL 1069
SELL GOLD BELOW 1065 TARGET 1060 1054 SL 1071

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