CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27300 R1-27100 S1-26400 S2-26100
Gold settled flat as prices seen under pressure as a recent string of upbeat U.S. data dampened safe-haven demand.Investors fretted over the possibility of an upcoming ECB rate cut and uncertainties over key U.S. jobs data due later this week.
Asian physical demand for gold, which tends to provide a floor for the shiny metal during bearish times, has also been weak.
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