Thursday, July 23, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • OPEC sees oil drop as short-term, expects stronger demand .
  • Gold falls for 10th straight day to trade at $1,090 .
  • WTI oil futures sink to 3-month low ahead of weekly supply data .
  • Copper tumbles to 2-week low, tracking losses in other metals .
  • NYMEX crude weaker in Asia after API reports U.S. stocks build .

TRADING STRATEGY :
BUY GOLD ABOVE 1100 TARGET 1105 1111 SL 1094
SELL GOLD BELOW 1096 TARGET 1091 1085 SL 1102

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