Friday, 22 August 2014

KLSE Comex Recommendations : Epic Research Malaysia

INTERNATIONAL COMMODITY NEWS :
Crude oil prices slipped in Asia on Friday ahead of a speech by Fed Chair Janet Yellen expected to set the tone for markets. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in October traded at $93.90 a barrel, down 0.07%, after hitting an overnight session low of $92.63 a barrel and a high of $94.44 a barrel. Brent oil rose to $102.71 a barrel, up 0.42%, on Thursday.
TRADING STRATEGY :
  • BUY GOLD ABOVE 1296 TGT 1300,1305 SL 1201
  • SELL GOLD BELOW 1275 TGT 1271,1266 SL 1280
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