Wednesday, December 16, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
Gold struggled near one-week lows on Tuesday, ahead of a widely anticipated U.S. rate hike by the Federal Reserve.The Fed is expected to raise interest rates for the first time in nearly a decade at the conclusion of its two day policy meeting at 2:00PM ET on Wednesday. The central bank will also release its latest forecasts for economic growth and interest rates.


TRADING STRATEGY :
BUY GOLD ABOVE 1070 TARGET 1075 1081 SL 1064
SELL GOLD BELOW 1062 TARGET 1053 1047 SL 1067

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