Gold likely to be steady as weak global economic releases and fears of economic recession continue to support the safe haven appeal of the commodity. Meanwhile, investors may take a cautious stance ahead of the key U.S non-farm payrolls and unemployment data scheduled to release on Friday.
Technical Outlook (London spot): As long as prices stay above $1665 expect the bullish outlook to continue in the counter. An unexpected drop below the same would be an early signal of selling pressure for the day.