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Buy the Dip: Gold Holds Strong at $3980, Targets $4150 
Low key economic dockets are scheduled for today.
Data released so far -
- Australia - National banks' business confidence rose 4 from 0 in second quarter.
Upcoming -
- Spain - Unemployment survey to be released at 7:00 GMT. Prior 23.78%, expected at 23.1%
- Italy - Trade balance to be released at 8:00 GMT.
- UK - Retail sales for June to be released at 8:30 GMT. Prior 4.6% on yearly basis, expected 4.9%.
- US - Initial jobless claims to be released at 12:30 GMT, followed by CB leading indicator at 14:00 GMT. EIA will release natural gas weekly report at 14:30 GMT.
- Canada - Retail sales to be released at 12:30 GMT. Prior -0.1% m/m, expected 0.5%.
- Euro zone - Preliminary reading on consumer confidence to be released at 14:00 GMT.
- Japan - Corporate service price to be released at 23:50 GMT, along with investment statistics in stocks and bonds.
