Wednesday, December 2, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
Gold prices rose on Tuesday, as the U.S. dollar pulled back from the prior session’s eight-month high.The dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.4% to 99.87, off Monday’s eight-month peak of 100.35.Gold prices often move inversely to the U.S. dollar, as the precious metal becomes less expensive for buyers using other currencies.

TRADING STRATEGY :
BUY GOLD ABOVE 1070 TARGET 1075 1086 SL 1064
SELL GOLD BELOW 1065 TARGET 1060 1054 SL 1071

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