CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28200 R1-27900 S1-27400 S2-27100
Gold fell as upbeat U.S. jobless claims data and weaker crude oil prices weighed on bullion prices
Bullion fell as U.S. consumer spending rose less than expected in May, prompting economists to downgrade estimates for second-quarter growth.
Prices also came under pressure on comments from St. Louis Fed President Bullard that interest rate increases should come sooner rather than later.
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