Tuesday, December 8, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
Gold prices were little changed near the previous session’s three-week high on Monday, as market players prepared for the first U.S. rate hike since 2006 later this month.Gold for February delivery on the Comex division of the New York Mercantile Exchange shed 60 cents, or 0.06%, to trade at $1,083.50 a troy ounce during European morning hours.


TRADING STRATEGY :
BUY GOLD ABOVE 1085 TARGET 1090 1096 SL 1079
SELL GOLD BELOW 1080 TARGET 1075 1069 SL 1085

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