US Jobless Claims Will be the Key Highlight Data to decide Gold

Despite the ADP employment data missed the market estimation, gold tumbled to the lowest as the US dollar Strengthen. Today's market focus is on the US Jobless Claims which will be released tonight. So far, as we noted that, the forecast is better than the previous. Thus, if the result is outperformed, it may cause the gold to continue the downtrend. Conversely, if the results missed the expectation, it may trigger the gold to soar.