INTERNATIONAL COMMODITY NEWS :
Gold declined on Tuesday, but losses were limited after talks between Greece and its European partners failed to reach agreement on a way forward to allow Athens to get a needed funding program in place before the end of the month. On the Comex division of the New York Mercantile Exchange, gold futures for April delivery shed $5.70, or 0.46%, to trade at $1,221.40 a troy ounce during European morning hours. gold picked up 60 cents, or 0.05%, to settle at $1,227.70 as a broadly weaker U.S. dollar and ongoing uncertainty over developments in Greece boosted the appeal of the precious metal. Talks between Greece and its euro zone partners on the country’s debt crisis broke down late Monday after Athens rejected a proposal to extend its bailout.
TRADING STRATEGY :
BUY GOLD ABOVE 1210 TARGET 1215 1221 SL 1204
SELL GOLD BELOW 1203 TARGET 1198 1192 SL 1209
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Gold declined on Tuesday, but losses were limited after talks between Greece and its European partners failed to reach agreement on a way forward to allow Athens to get a needed funding program in place before the end of the month. On the Comex division of the New York Mercantile Exchange, gold futures for April delivery shed $5.70, or 0.46%, to trade at $1,221.40 a troy ounce during European morning hours. gold picked up 60 cents, or 0.05%, to settle at $1,227.70 as a broadly weaker U.S. dollar and ongoing uncertainty over developments in Greece boosted the appeal of the precious metal. Talks between Greece and its euro zone partners on the country’s debt crisis broke down late Monday after Athens rejected a proposal to extend its bailout.
TRADING STRATEGY :
BUY GOLD ABOVE 1210 TARGET 1215 1221 SL 1204
SELL GOLD BELOW 1203 TARGET 1198 1192 SL 1209
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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