CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29100 R1-28700 S1-28000 S2-27700
Gold dropped as pressure seen amid profit booking though prices gained on weekly basis on concerns over the health of Portugal's biggest bank.
Meanwhile, gold prices remained supported by expectations the Fed will keep rates on hold for an extended period.
In the physical markets, India caused a surprise by keeping the import duty on gold unchanged at 10 percent.
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