CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28300 R1-28000 S1-27400 S2-27100
Gold dropped as bullion investors focused on Fed monetary policy report showing the central bank is set to end its bond-buying stimulus in October.
Yellen said the one thing that might prompt the central bank to raise rates earlier or faster is if hiring and wages take off in an unexpected way.
A strengthening U.S. economy and job market means the Fed should begin raising interest rates "relatively soon.
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