INTERNATIONAL COMMODITY NEWS :
•Gold prices gained in early Asia on Monday with the focus on a weak yen and signals from Beijing on measures to boost the economy. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,202.20 a troy ounce, up 0.32%. On Friday they settled at $1,197.70 a troy ounce. Markets in Japan are shut on Monday.
TRADING STRATEGY :
SELL GOLD BELOW 1191 TARGET 1181 1176 SL 1201
BUY GOLD ABOVE 1205 TARGET 1215 1230 SL 1195
•Gold prices gained in early Asia on Monday with the focus on a weak yen and signals from Beijing on measures to boost the economy. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,202.20 a troy ounce, up 0.32%. On Friday they settled at $1,197.70 a troy ounce. Markets in Japan are shut on Monday.
TRADING STRATEGY :
SELL GOLD BELOW 1191 TARGET 1181 1176 SL 1201
BUY GOLD ABOVE 1205 TARGET 1215 1230 SL 1195
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