Thursday, July 9, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Oil prices fall as China share crisis worsens, traders hedge for further drops
  • U.S. soybeans struggle near 1-week low on upbeat crop prospects
  • WTI oil futures trade below $52 ahead of weekly supply data
  • Gold drops to 4-month low with Greece, China in focus
  • Copper melt-down continues amid China stock market bloodbath
  • Oil under $60 beyond 2016 suggests market rethinking shale

TRADING STRATEGY :
BUY GOLD ABOVE 1160 TARGET 1165 1171 SL 1154
SELL GOLD BELOW 1155 TARGET 1150 1144 SL 1161

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