CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28800 R1-28500 S1-27900 S2-27600
Gold surged sharply higher after the Malaysian Airlines plane crash in eastern Ukraine, near the border with Russia.
A disappointing report on U.S. housing starts also contributed to gold's sharp uptick with the dollar trending lower.
SPDR Gold Trust, its holdings fell 2.69 tonnes to 803.34 tonnes on Thursday.
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