CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28400 R1-28200 S1-27700 S2-27400
Gold dropped headed for a third straight weekly loss, as U.S. economic optimism offset any safe-haven demand.
Disappointing data from the U.S. with initial claims for unemployment benefits rising more than expected last week.
Investors were now awaiting U.S. nonfarm payrolls data, even as they were keeping an eye on geopolitical tensions in the Middle East.
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