INTERNATIONAL COMMODITY NEWS :
• Gold held mostly steady in early Asia on Thursday ahead of a holiday in the U.S. that will shut markets, but also marks the start of the year-end shopping season that is key for demand. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded down $1,198.00 a troy ounce, flat, after hitting an overnight session low of $1,194.70 and off a high of $1,201.50.
TRADING STRATEGY :
SELL GOLD BELOW 1191 TARGET 1181 1171 SL 1201
BUY GOLD ABOVE 1205 TARGET 1215 1225 SL 1195
• Gold held mostly steady in early Asia on Thursday ahead of a holiday in the U.S. that will shut markets, but also marks the start of the year-end shopping season that is key for demand. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded down $1,198.00 a troy ounce, flat, after hitting an overnight session low of $1,194.70 and off a high of $1,201.50.
TRADING STRATEGY :
SELL GOLD BELOW 1191 TARGET 1181 1171 SL 1201
BUY GOLD ABOVE 1205 TARGET 1215 1225 SL 1195
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