Monday, August 10, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • U.S. crude remains near yearly lows, amid third straight rig build .
  • Gold inches up, as solid U.S. jobs figures portend a September rate hike .
  • Oil futures edge off multi-month lows ahead of U.S. data .
  • Natural gas futures declined on Friday, as forecasts for mild weather across key consumption regions of the U.S. in the week ahead dampened demand expectations for the fuel.

TRADING STRATEGY :
BUY GOLD ABOVE 1095 TARGET 1100 1106 SL 1089
SELL GOLD BELOW 1093 TARGET 1088 1082 SL 1086

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