INTERNATIONAL COMMODITY NEWS :
• Gold prices dropped in U.S. trading on Tuesday after an upbeat consumer confidence report sent investors betting that the Federal Reserve will deliver an positive take on the U.S. economy at a policy meeting this week and make fresh cuts to its stimulus program that has supported the yellow metal for years. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,300.80 a troy ounce during U.S. trading, down 0.38%, up from a session low of $1,298.10 and off a high of $1,314.40.
TRADING STRATEGY :
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• Gold prices dropped in U.S. trading on Tuesday after an upbeat consumer confidence report sent investors betting that the Federal Reserve will deliver an positive take on the U.S. economy at a policy meeting this week and make fresh cuts to its stimulus program that has supported the yellow metal for years. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,300.80 a troy ounce during U.S. trading, down 0.38%, up from a session low of $1,298.10 and off a high of $1,314.40.
TRADING STRATEGY :
- SELL GOLD COMEX BELOW 1290 TG 1284,1274 SL 1300
- BUY GOLD COMEX ABOVE 1303 TG 1309,1319 SL 1293
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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