Tuesday, June 9, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Gold prices edged higher on Monday but remained near the lowest in three months amid speculation the Federal Reserve could raise interest rates as early as September.
  • Copper struggles near 6-week low after China imports decline .
  • Oil futures under pressure after China’s crude imports decline .
  • NYMEX crude gains after scope to ease on China price data, API ahead .
  • Natural gas futures rally more than 2% in early trade.

TRADING STRATEGY :
BUY GOLD ABOVE 1179 TARGET 1184 1190 SL 1173
SELL GOLD BELOW 1168 TARGET 1163 1157 SL 1174

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