CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27300 R1-27100 S1-26400 S2-26100
Gold dropped as the dollar rose after a closely watched monthly U.S. jobs report underscored expectations of a steady recovery.
While appetite for the metal initially picked up after the report, gains were capped by expectations that Fed will continue to unwind its stimulus measures.
Nonfarm payrolls increased 217,000 last month, the Labor Department said, against expectations for a 218,000 rise.
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