KLSE Comex Recommendations : Epic Research Malaysia

INTERNATIONAL COMMODITY NEWS :

 Gold prices gained in Asia on Tuesday ahead of testimeony from the U.S. Federal Reserve chief to Congress and continued tension in the euro zone over Portugal. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1,308.70 a troy ounce, up 0.15%, after hitting an overnight session low of $1,304.10 and off a high of $1,340.70.

TRADING STRATEGY :

COPPER-COMEX has closed @ 3.2500. If it breaks the level of 3.2270, it can touch the level of 3.2150 & 3.2000 respectively. If it sustain above the level of 3.2605, it can touch the level of 3.2725, 3.2875 respectively.

• SELL COPPER-COMEX BELOW 3.2270 TGTS 3.2150, 3.2000 SL 3.2390.
• BUY COPPER-COMEX ABOVE 3.2605 TGTS 3.2725, 3.2875 SL 3.2485.

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