Thursday, November 5, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
Gold prices struggled near five-week lows on Wednesday, as investors looked ahead to key U.S. data later in the day  for further indications on the strength of the economy and the likelihood of a near-term interest rate hike.Gold for December delivery on the Comex division of the New York Mercantile Exchange inched up $4.60, or 0.41%, to trade at $1,118.70 a troy ounce during European morning hours.


TRADING STRATEGY :
BUY GOLD ABOVE 1120 TARGET 1125 1131 SL 1114
SELL GOLD BELOW 1110 TARGET 1105 1099 SL 1116

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