INTERNATIONAL COMMODITY NEWS :
Gold prices held flat in Asia on Tuesday with Russia in focus, but overall thin tade with U.S. markets shut for a holiday overnight. Gold for December delivery traded at $1,287.50 a troy ounce, up 0.01%, after ending last week at $1,288.20 a troy ounce on the Comex division of the New York Mercantile Exchange.U.S. officials are working closely with the European Union to keep their Russia sanctions programs aligned in timing and severity. Overnight, the Russian ruble hit a fresh record low against the dollar as U.S. officials are working closely with the European Union to keep their Russia sanctions programs aligned in timing and severity. European Council President Herman Van Rompuy said the bloc wouldn’t set out specific criteria for triggering fresh sanctions but said there was “determination” to ensure Russia paid an appropriate price for heightening tensions.Monetary policy announcements by central banks in Australia, Japan, Canada and the U.K. will also be awaited.
TRADING STRATEGY :
SELL GOLD 1279 BELOW TGT 1275,1270 SL 1284
BUY GOLD ABOVE 1284 TGT 1288,1292 SL 1279
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 held flat in Asia on Tuesday with Russia in focus, but overall thin tade with U.S. markets shut for a holiday overnight. Gold for December delivery traded at $1,287.50 a troy ounce, up 0.01%, after ending last week at $1,288.20 a troy ounce on the Comex division of the New York Mercantile Exchange.U.S. officials are working closely with the European Union to keep their Russia sanctions programs aligned in timing and severity. Overnight, the Russian ruble hit a fresh record low against the dollar as U.S. officials are working closely with the European Union to keep their Russia sanctions programs aligned in timing and severity. European Council President Herman Van Rompuy said the bloc wouldn’t set out specific criteria for triggering fresh sanctions but said there was “determination” to ensure Russia paid an appropriate price for heightening tensions.Monetary policy announcements by central banks in Australia, Japan, Canada and the U.K. will also be awaited.
TRADING STRATEGY :
SELL GOLD 1279 BELOW TGT 1275,1270 SL 1284
BUY GOLD ABOVE 1284 TGT 1288,1292 SL 1279
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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