CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28700 R1-28400 S1-27800 S2-27400
Gold prices seen supported as the situation in Ukraine showed no signs of easing ahead of the country’s presidential election later in the week.
Meanwhile, lacklustre investment demand in terms of ETFs and reports of rather soft physical demand prevented prices to increase.
The ECB and other central banks announced the renewal of the current central bank gold agreement from September this year.
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