Wednesday, January 6, 2016

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
Gold prices held near the prior session’s four-week high on Tuesday, as investors sought refuge amid instability in the Middle East and fresh concerns over global growth.Gold for February delivery on the Comex division of the New York Mercantile Exchange tacked on $3.70, or 0.34%, to trade at $1,078.80 a troy ounce as of 9:45 GMT, or 5:45AM ET. A day earlier, prices rose to a session peak of $1,083.00, the most since December 9, before ending at $1075.20, up $15.00, or 1.41%.


TRADING STRATEGY :
BUY GOLD ABOVE 1080 TARGET 1085 1091 SL 1074
SELL GOLD BELOW 1075 TARGET 1070 1064 SL 1081

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