Friday 7 October 2016

Commodity Market Update : Gold set for biggest weekly loss this year before US payrolls .

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Gold exchanged close to the most reduced level in four months and is on course for the greatest week by week misfortune this year as positive US jobless information and remarks from Federal Reserve strategy creators lifted the chances of a US loan fee increment, floating the US dollar. 

Bullion for quick conveyance was 0.4 for each penny higher at US$1,259.26 an ounce at 9:31am Singapore time, as indicated by Bloomberg non specific estimating. The metal fell one for each penny to close at US$1,254.38 on Thursday, the least since June 7, and is down 4.3 for each penny this week, the most since the period to Nov 6.

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  • COMEX HNI SIGNAL: SELL GOLD 1273  TARGETS  1255 STOPLOSS 1293....

     UPDATE : COMEX HNI  SIGNAL: BOOKED FULL PROFIT IN GOLD AT 1255,        OUR TARGET HIT....

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