SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :

• Gold futures struggled for direction on Thursday, as investors awaited the conclusion of the European Central Bank’s monthly policy meeting later in the session as well upcoming data on U.S. Employment..

• Copper futures extended gains from the prior session to hit a one-week high on Thursday, as a sharp rebound on Wall Street overnight helped soothe investors’ tattered nerves.

• Crude prices fell in Asia on Thursday as investors increasingly weight the prospect of a stronger dollar on a likely Federal Reserve rate hike this year and continued global oversupply.On the New York Mercantile Exchange,

TRADING STRATEGY :
BUY GOLD ABOVE 1125 TARGET 1130 1136 SL 1119
SELL GOLD BELOW 1123 TARGET 1118 1112 SL 1129

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