INTERNATIONAL COMMODITY NEWS :
Gold prices held steady to higher in early Asia on Friday as investors awaited U.S. non-farm payroll data and the latest twist in Greece’s efforts to renegotiate with creditors.On the Comex division of the New York Mercantile Exchange, gold futures for April delivery inched up 0.06% to trade at $1,266.50 a troy ounce during U.S. morning hours.Also on the Comex, silver futures for March delivery rose 0.09% at $17.285 a troy ounce.Elsewhere in metals trading, copper for March delivery fell 0.07% to trade at $2.596 a pound. Market sentiment remained subdued despite a surprise move by China’s central bank to cut bank reserve requirements on Wednesday, in a bid to boost lending and spur growth.
TRADING STRATEGY :
BUY GOLD ABOVE 1268.25 TARGET 1273.25 1279.25 SL 1262.25
SELL GOLD BELOW 1261.5 TARGET 1256.5 1250.5 SL 1267.5
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Gold prices held steady to higher in early Asia on Friday as investors awaited U.S. non-farm payroll data and the latest twist in Greece’s efforts to renegotiate with creditors.On the Comex division of the New York Mercantile Exchange, gold futures for April delivery inched up 0.06% to trade at $1,266.50 a troy ounce during U.S. morning hours.Also on the Comex, silver futures for March delivery rose 0.09% at $17.285 a troy ounce.Elsewhere in metals trading, copper for March delivery fell 0.07% to trade at $2.596 a pound. Market sentiment remained subdued despite a surprise move by China’s central bank to cut bank reserve requirements on Wednesday, in a bid to boost lending and spur growth.
TRADING STRATEGY :
BUY GOLD ABOVE 1268.25 TARGET 1273.25 1279.25 SL 1262.25
SELL GOLD BELOW 1261.5 TARGET 1256.5 1250.5 SL 1267.5
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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