CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28100 R1-27800 S1-27200 S2-26900
Gold settled flat as dollar's recent rally faded and investors awaited clearer signs from the Fed that it is on track to raise U.S. interest rates next year.
A strong U.S. non-farm payrolls report last week pressured gold prices, with speculation that Fed could increase rates as soon as the first quarter of 2015.
SPDR gold trust holdings gained by 2.09 tonnes i.e. 0.26% to 800.28 tonnes from 798.19 tonnes.
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