Gold prices rose on Tuesday in subdued trading as investors wanted to ditch neither gold nor the dollar until the Federal Reserve releases its statement on monetary policy on Wednesday. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,237.40 a troy ounce during U.S. trading, up 0.19%, up from a session low of $1,232.60 and off a high of $1,242.60. The December contract settled up 0.29% at $1,235.10 on Monday. Futures were likely to find support at $1226.30 a troy ounce, Monday’s low, and resistance at $1,279.20, last high from Sept. 4.
RECOMMENDATION :
BUY GOLD ABOVE 1240 TGT 1244,1249 SL 1235
SELL GOLD BELOW 1232 TGT 1228,1224 SL 1237
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BUY GOLD ABOVE 1240 TGT 1244,1249 SL 1235
SELL GOLD BELOW 1232 TGT 1228,1224 SL 1237
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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