Monday, June 22, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Gold stays above $1,200 in flat session, ahead of emergency Greek summit .
  • Oil futures tumble over 1% as dollar strengthens .
  • Crude falls sharply amid decreasing U.S. rigs, Saudi supply concern .
  • NYMEX crude falls in Asia with China markets shut, all eyes on Greece .
  • Natural gas futures closed higher for the first time in three days on Friday, as investors returned to the market to seek cheap valuations in wake of recent losses, which took prices to the lowest level in almost two weeks earlier in the session.

TRADING STRATEGY :
BUY GOLD ABOVE 1204 TARGET 1209 1215 SL 1198
SELL GOLD BELOW 1196 TARGET 1191 1185 SL 1202
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