INTERNATIONAL COMMODITY NEWS :
Gold prices dipped in early Asia on Monday with markets shut in China and eye on an upcoming vote in Greece to put in place reforms needed to secure further loans from the euro zone. On the Comex division of the New York Mercantile Exchange, gold futures for April delivery fell 0.05% to $1,201.30 a troy ounce by close of trade on Friday. Last week, gold ended Friday’s session close to a six-week low after euro zone finance ministers agreed on a deal to extend Greece’s bailout by four months, dampening the safe-haven appeal of the precious metal. The euro zone approved the extension of Greece’s €240 billion bailout removing concerns that the country would face a liquidity crunch when its current bailout agreement expired at the end of the month.
TRADING STRATEGY :
BUY GOLD ABOVE 1205 TARGET 1210 1216 SL 1199
SELL GOLD BELOW 1197 TARGET 1192 1186 SL 1203
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Gold prices dipped in early Asia on Monday with markets shut in China and eye on an upcoming vote in Greece to put in place reforms needed to secure further loans from the euro zone. On the Comex division of the New York Mercantile Exchange, gold futures for April delivery fell 0.05% to $1,201.30 a troy ounce by close of trade on Friday. Last week, gold ended Friday’s session close to a six-week low after euro zone finance ministers agreed on a deal to extend Greece’s bailout by four months, dampening the safe-haven appeal of the precious metal. The euro zone approved the extension of Greece’s €240 billion bailout removing concerns that the country would face a liquidity crunch when its current bailout agreement expired at the end of the month.
TRADING STRATEGY :
BUY GOLD ABOVE 1205 TARGET 1210 1216 SL 1199
SELL GOLD BELOW 1197 TARGET 1192 1186 SL 1203
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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