Gold rises as Wall Street falls, shrugs off firm dollar

By Marcy Nicholson and Clara Denina NEW YORK/LONDON (Reuters) - Gold prices rose on Friday, buoyed by weak U.S. equity markets and chart-based strength, as it shrugged off a higher dollar and strong U.S. economic data suggesting a brightening outlook for the economy. Spot gold was up 0.8 percent at $1,273.53 an ounce at 2:46 p.m. EDT (1846 GMT). "We're getting a technical break out and equities are getting soft here." The dollar rose to a two-week high against a basket of currencies, as the stro