CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27400 R1-27100 S1-26500 S2-26200
Gold trading range for the day is 26410-27118.Gold settled flat as geopolitical concerns eased and investors withdrew money from the top bullion fund before a Federal Reserve meeting.
Gold premiums in India fell to their lowest in four months after the RBI allowed private companies to import gold.
SPDR gold trust holdings dropped by 0.26 tonnes i.e. 0.03% to 782.62 tonnes from 782.88 tonnes.
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