CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28100 R1-27800 S1-27300 S2-27000
Gold prices dropped as a combination of a dollar rally, technical selling and a crude oil tumble weighed on prices.
Geopolitical tensions in Ukraine and the Middle East failed to support gold as the stronger dollar overshadowed any safe-haven bids.
SPDR gold trust holdings dropped by 1.80 tonnes i.e. 0.23% to 793.20 tonnes from 795.00 tonnes.
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