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KLSE Comex Recommendations

Friday 28 November 2014

INTERNATIONAL COMMODITY NEWS :

Gold prices eased in early Asian trade on Friday with investors focused on demand cues from Switzerland and year-end holiday sales. On the Comex division of the New York Mercantile Exchange,gold future for February delivery traded at $1,189.50 a troy ounce, down 0.06%. Overnight, gold prices inched lower on Thursday, as trading conditions remained thin with markets in the U.S. closed for the Thanksgiving Day holiday.

TRADING STRATEGY :

SELL GOLD BELOW 1180 TARGET 1170 1160 SL 1190
BUY GOLD ABOVE 1193 TARGET 1203 1213 SL 1183

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