Gold prices continued to sell off in late-morning trading Friday, in the wake of an upbeat U.S. jobs report. A stronger U.S. dollar index and a rally in the U.S. stock market were negative outside market forces working against the precious metals Friday. Prices hit a three-week low as chart-based selling pressure was also featured, including sell stops triggered as prices are now in a downtrend on the daily chart. April gold was last down $33.30 an ounce at $1,229.00.
