Friday, December 4, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
Gold prices sank to the lowest level in almost six years on Thursday, amid mounting expectations that the Federal Reserve will raise interest rates at its December policy meeting.Fed Chair Janet Yellen said on Wednesday that the central bank was still on track to hike rates this month, citing “continued improvement in the labor market” and “confidence that inflation will move back to our 2% objective over the medium term.”



TRADING STRATEGY :
BUY GOLD ABOVE 1055 TARGET 1060 1066 SL 1049
SELL GOLD BELOW 1045 TARGET 1040 1034 SL 1051

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