Energy Commodities Post Losses Amid Oversupply Concerns

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Precious Metals Down on Global Issues Gold rallied steeply on Friday, posting the biggest one-day jump in six weeks, as investors sought a bit of relief in the precious metal on the back of sharp drop in global equity markets. Besides, soft economic data from the US along with a slightly lower Greenback helped bullion prices going up further. On the Comex division of the New York Mercantile Exchange, gold futures for delivery in February settled at $1,090.70 a troy ounce by the end of Friday’s

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