Gold surrenders gains, flirts with hourly 200-MA

Gold is threatening to drop below hourly 200-MA level of $1236.57 ahead of the data in the US, which could show private sector employment growth slowed in February.
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US: Focus will be on the ADP employment – Deutsche Bank

Research Team at Deutsche Bank, suggests that in the US the focus will be on the ADP employment change reading for March as a prelude for the Friday employment report, with market expectations currently sitting at 195k.
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