Friday, June 26, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Copper futures under pressure as Greece jitters weigh
  • Crude oil futures struggle for direction ahead of Greece debt talks .
  • Gold prices bounced off a three-week low on Thursday, as uncertainty over the future of Greece boosted the safe-haven appeal of the precious metal. Investors nervously eyed developments in Greece’s debt talks ahead of the looming deadline for Greece to repay €1.6 billion to the International Monetary Fund on June 30
  • Oil prices were steady on yesterday as an unexpected build in U.S. gasoline inventories offset a higher than forecast draw in crude stocks, while Brent was supported by a stronger euro.

TRADING STRATEGY :
BUY GOLD ABOVE 1176 TARGET 1181 1187 SL 1170
SELL GOLD BELOW 1172 TARGET 1167 1161 SL 1178

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