CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28300 R1-28000 S1-27500 S2-27200
Gold dropped as fears about an early interest rate hike by the U.S. Federal Reserve sparked a technical selloff after prices broke below a key support level.
Data showed U.S. home resales raced to a 10-month high in July and the number of Americans filing new claims for jobless benefits fell last week
Geopolitical tensions in Ukraine and Middle East were being watched for any escalation in violence that could prompt safe-haven bids for gold.
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