Monday, May 25, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Crude oil futures edged up on Monday, buoyed by healthy Asian appetite and demand from the U.S. driving season.
  • NYMEX crude gains in Asia ahead of U.S. holiday, Yellen comments eyed .
  • Gold prices held steady in early Asia on Monday as markets digested comments on the prospect for a Federal Reserve rate hike this eyar and Greece remained on the boil.
  • Iran says OPEC unlikely to change output ceiling.

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

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