Thursday, July 30, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Gold prices held steady below the $1,100-level on Wednesday, as investors looked ahead to the Federal Reserve’s monetary policy statement due later in the session for fresh signals on the timing of a U.S. interest rate hike.
  • Crude oil futures trade near multi-month lows on supply glut woes .
  • Copper edges higher after China stocks rally 3.5% .
  • Nymex crude drops in Asia as investors eye API estimates, Fed

TRADING STRATEGY :
BUY GOLD ABOVE 1095 TARGET 1100 1106 SL 1089
SELL GOLD BELOW 1090 TARGET 10851079 SL 1096

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