Tuesday, December 22, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
Gold rose on Monday, adding to Friday’s gains amid skepticism over the Federal Reserve’s ability to raise interest rates as much as it would like next year.Gold for February delivery on the Comex division of the New York Mercantile Exchange tacked on $4.00, or 0.38%, to trade at $1,069.00 a troy ounce during European morning hours. On Friday, gold jumped $15.40, or 1.47%.


TRADING STRATEGY :
BUY GOLD ABOVE 1075 TARGET 1080 1086 SL 1069
SELL GOLD BELOW 1065 TARGET 1060 1054 SL 1071

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