INTERNATIONAL COMMODITY NEWS :
Gold prices fell on Thursday after investors digested the Federal Reserve’s Wednesday statement on
interest rates and concluded that tighter monetary policy is drawing closer and usher in a strengthening trend for the dollar. Gold and the greenback tend to trade inversely with one another On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,227.00 a troy ounce during U.S. trading, down 0.72%, up from a session low of $1,216.60 and off a high of $1,228.50.The December contract settled down 0.06% at $1,235.90 on Tuesday.
RECOMMENDATION :
BUY GOLD ABOVE 1230 TGT 1234,1239 SL 1225
SELL GOLD BELOW 1223 TGT 1219,1214 sl1228
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
Gold prices fell on Thursday after investors digested the Federal Reserve’s Wednesday statement on
interest rates and concluded that tighter monetary policy is drawing closer and usher in a strengthening trend for the dollar. Gold and the greenback tend to trade inversely with one another On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,227.00 a troy ounce during U.S. trading, down 0.72%, up from a session low of $1,216.60 and off a high of $1,228.50.The December contract settled down 0.06% at $1,235.90 on Tuesday.
RECOMMENDATION :
BUY GOLD ABOVE 1230 TGT 1234,1239 SL 1225
SELL GOLD BELOW 1223 TGT 1219,1214 sl1228
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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