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Monday, April 13, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Natural gas futures fell to the lowest level in almost three years on Friday, amid speculation the end of the winter heating season will bring warmer temperatures throughout the U.S. and cut into demand for the fuel.
  • Oil edges up as financial traders bet on higher prices .
  • Gold prices up in Asia despite disappointing China trade data .
  • NYMEX crude weaker ahead of China trade data .
  • IEA sees sharp rise in Iran oil output in 3-5 years post nuclear deal .

TRADING STRATEGY :

  • BUY GOLD ABOVE 1210 TARGET 1215 1221 SL 1204
  • SELL GOLD BELOW 1203 TARGET 1198 1192 SL 1209
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