Tuesday, July 28, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • WTI oil futures drop below $48 on supply glut concerns .
  • Gold climbs above $1,100 as global equities tumble .
  • Copper tumbles to 6-year low amid China stock market melt-down .
  • Copper prices plunged to the lowest level in six years on Monday, as steep declines on Chinese stock markets dampened appetite for the red metal.

TRADING STRATEGY :
BUY GOLD ABOVE 1096 TARGET 1101 1107 SL 1090
SELL GOLD BELOW 1091 TARGET 1086 1080 SL 1097

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