INTERNATIONAL COMMODITY NEWS :
Gold prices held steady to weaker in early Asia on Wednesday, taking a breather from gains overnight. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at $1,196.10 a troy ounce, down 0.03%, after hitting an overnight session low of $1,182.80 and off a high of $1,204.10. Overnight, gold prices rose in afternoon trading on Tuesday after an upbeat report on German economic sentiment sent the euro rising over the dollar, often a recipe for rising gold prices.
TRADING STRATEGY :
BUY GOLD ABOVE 1195 TGT 1199,1204 SL 1190
SELL GOLD BELOW 1188 TGT 1184,1179 SL 1193
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