CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29200 R1-28900 S1-28100 S2-27900
Gold gained amid expectations the Fed will keep rates on hold for an extended period of time after the bank’s bond-buying program ends. Minutes of the Fed’s June policy meeting released showed that officials agreed to end the central bank’s asset purchase program in October SPDR gold trust holdings dropped by 0.23 tonnes i.e. 0.03% to 800.05 tonnes from 800.28 tonnes.
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