CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-26800 R1-26500 S1-25800 S2-25500
Gold prices gained but gains were likely to remain limited as investors remained on the sidelines amid a lack of fresh trading cues.
Investors continued to digest the implications of monetary easing move by ECB and U.S. jobs data which was largely in line with expectations.
The ECB's recent decision cut interest rates continued to weigh on the euro, which bolstered gold's appeal as a hedge.
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