Friday, May 22, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • NYMEX crude down in Asia with U.S. rig count ahead .
  • Gold prices gain in Asia on easy global monetary policy views .
  • U.S. crude surges above $60 a barrel, as supply concerns ease .
  • Natural gas rises after storage data .
  • WTI oil futures rise for 2nd day on U.S. supply outlook, weaker dollar .

TRADING STRATEGY :
BUY GOLD ABOVE 1210 TARGET 1215 1221 SL 1204
SELL GOLD BELOW 1201 TARGET 1196 1190 SL 1207

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