Gold Outlook - Hareesh V, Head Commodity Research at Geojit Financial Services

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.

Source : Equity Bulls

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