INTERNATIONAL COMMODITY NEWS :
Gold prices jumped in Asia on Thursday after mildly dovish comments made in a policy review last month and released as minutes that called into question the timing of a rate hike. The Fed policymakers meeting expressed concern that raising interest rates too soon could pour cold water on the U.S. economic recovery, according to minutes from the Fed’s Jan. 27-28 meeting. On the Comex division of the New York Mercantile Exchange, gold futures for April delivery rose 1.23% to trade at $1,215.00 a troy ounce.
TRADING STRATEGY :
BUY GOLD ABOVE 1218 TARGET 1223 1229 SL 1212
SELL GOLD BELOW 1211 TARGET 1206 1200 SL 1217
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 jumped in Asia on Thursday after mildly dovish comments made in a policy review last month and released as minutes that called into question the timing of a rate hike. The Fed policymakers meeting expressed concern that raising interest rates too soon could pour cold water on the U.S. economic recovery, according to minutes from the Fed’s Jan. 27-28 meeting. On the Comex division of the New York Mercantile Exchange, gold futures for April delivery rose 1.23% to trade at $1,215.00 a troy ounce.
TRADING STRATEGY :
BUY GOLD ABOVE 1218 TARGET 1223 1229 SL 1212
SELL GOLD BELOW 1211 TARGET 1206 1200 SL 1217
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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