Wednesday, February 11, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
Gold prices held mostly flat on Wednesday in Asia with Greece firmly in focus and China data ahead.Greece’s Parliament approved the government’s economic plan in a vote late Tuesday that sets up a showdown with country’s international creditors beginning this week in Brussels.With 162 ‘yes’ votes against 137 ‘nos’ with one absentee lawmaker, Prime Minister Alexis Tsipras earned approval for a plan that rolls back many of the austerity measures agreed by the former government of Antonis Samaras.

TRADING STRATEGY :

BUY GOLD ABOVE 1240 TARGET 1245 1251 SL 1234
SELL GOLD BELOW 1228 TARGET 1223 1217 SL 1234

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