INTERNATIONAL COMMODITY NEWS :
Gold edged higher on Wednesday, aided by weakness in the U.S. dollar, but the metal’s upside remained limited as market players prepared for a U.S. rate hike this month.The dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.15% to 98.27. Dollar-priced commodities become cheaper to investors holding other currencies when the greenback declines.
TRADING STRATEGY :
BUY GOLD ABOVE 1080 TARGET 1085 1091 SL 1074
SELL GOLD BELOW 1075 TARGET 1070 1064 SL 1081
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 edged higher on Wednesday, aided by weakness in the U.S. dollar, but the metal’s upside remained limited as market players prepared for a U.S. rate hike this month.The dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.15% to 98.27. Dollar-priced commodities become cheaper to investors holding other currencies when the greenback declines.
TRADING STRATEGY :
BUY GOLD ABOVE 1080 TARGET 1085 1091 SL 1074
SELL GOLD BELOW 1075 TARGET 1070 1064 SL 1081
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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