Friday, July 31, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Copper prices slumped on yesterday, as Chinese markets fell sharply in the last hour of trading and as the U.S. dollar strengthened broadly after the Federal Reserve left the door open for a rate hike as soon as September following its upbeat assessment of the economy.
  • Oil futures edge higher with global supplies in focus .
  • Gold prices fell sharply on yesterday, after the Federal Reserve left the door open for a rate hike as soon as September following its upbeat assessment of the economy.

TRADING STRATEGY :
SELL GOLD BELOW 1082 TARGET 1077 1071 SL 1088
BUY GOLD ABOVE 1086 TARGET 1091 1097 SL 1080

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