Gold on a key transition period

The dollar dropped to a two-week low on Friday after news of U.S. home sales data, which showed new U.S. single-family home sales fell in February. And gold gained, reaching $1666. This was after last week's fall when money managers cut their bullish bets on gold futures, as bullion prices tumbled after a strong run of US economic data. This week, investors will watch key economic data from Germany as well as US FED chief Ben Bernanke's speech carefully.. Refer to the events below...