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Gold settles in Asian trading following US strikes on Syria

2018-04-16 06:56 am | Resource: NEWS | No Views : 266



Gold settled in early trading after reaching a 11-week high last week following US-led military strikes against military installations in Syria, where the strikes stopped and the US president said the mission was completed.

Gold prices rose during the Asian session by 0.09% to reach levels of $ 1347 per ounce after recording a low of $ 1340 per ounce and opened today's session at 1347 dollars per ounce to reach the highest level at 1348 dollars an ounce.

Russia has made angry statements about the attacks, raising fears of escalation between the two, especially as Washington imposed more economic sanctions on Russia.

On the silver front, it lost gains during the weekly trading session, with silver gaining 0.08% to reach $ 16,60. Silver opened today at $ 16.57 and recorded a high of 16.61 and a low of $ 16.54 per ounce.


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OIL Technical analysis 14 December 2018

Time frame Used - four hours Oil is moving in a sideway direction in the near term. Oil is still facing resistance and selling pressure around levels of 52.66 - 54.54. In view of the technical indicators Both the RSI and Stochastic are indicating to weakness of the indicators. Therefore, we expect that the oil will test the level of 50.00 dollar, which by breaking it down will target the…

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