INTERNATIONAL COMMODITY NEWS :
Gold prices dipped in Asia on Thursday with investors focused on an upcoming European Central Bank meeting expected to further ease policy.On the Comex division of the New York Mercantile Exchange, gold futures for February delivery fell 0.22% to 1.290.80 a troy ounce in Asia.Overnight, gold remained above the $1,300-level on Wednesday, after data showed that the number of building permits issues in the U.S. fell unexpectedly in December, while housing starts topped forecasts, painting a mixed picture of the U.S. housing sector.
TRADING STRATEGY :
BUY GOLD ABOVE 1297 TARGET 1302 1308 SL 1291
SELL GOLD BELOW 1284 TARGET 1279 1273 SL 1290
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Gold prices dipped in Asia on Thursday with investors focused on an upcoming European Central Bank meeting expected to further ease policy.On the Comex division of the New York Mercantile Exchange, gold futures for February delivery fell 0.22% to 1.290.80 a troy ounce in Asia.Overnight, gold remained above the $1,300-level on Wednesday, after data showed that the number of building permits issues in the U.S. fell unexpectedly in December, while housing starts topped forecasts, painting a mixed picture of the U.S. housing sector.
TRADING STRATEGY :
BUY GOLD ABOVE 1297 TARGET 1302 1308 SL 1291
SELL GOLD BELOW 1284 TARGET 1279 1273 SL 1290
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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