Thursday, August 7, 2014

Sgx Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
Gold prices shot up on Wednesday and hovered near session highs on news Russian troops are amassing on the Ukraine border, which fueled safe-haven demand for the precious metal. On the Comex division of the New York Mercantile Exchange, goldfutures for December delivery traded at 1,309.10 a troy ounce during U.S. trading, up 1.85%, up from a session low of $1,288.40 and off a high of $1,310.60.The December contract settled down 0.28% at $1,285.30 on Tuesday.



TRADING STRATEGY :
BUY GOLD COMEX ABOVE 1310 TG 1316 ,1326 SL 1300
SELL GOLD COMEX BELOW 1296 TG 1290,1280 SL 1306

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