Wednesday, April 29, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Gold falls in early Asia ahead of Fed meet with cautious tone seen .
  • NYMEX crude weaker in early Asia after API crude build, gasoline drop .
  • Crude rallies after erroneous report on Iranian sea conflict clarified .
  • Natural gas futures bounce off 3-year low on bargain buying .
  • Copper dips slightly ahead of Fed, China easing hopes support .

TRADING STRATEGY :
BUY GOLD ABOVE 1211 TARGET 1216 1222 SL 1205
SELL GOLD BELOW 1205 TARGET 1200 1196 SL 1211

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