570-573 Stands base..

The Feeling is arising that gold wont go below 570 Level due to few things.

The Two Indicators - Current Account Balance came Stronger making DOLLAR Strong.

But gold didnt make a Much Big Move, just a little technical Correction.

So mostly I can Say its playing a Technical Game right now.

570 is likely the base.

570 - 573 level would be a good sign to buy, but do look at the Techincal Studies that time. What does it tells you? Trend is Up?

Well, Yes, it is , Why 570-573 will tell you its in Oversold Territory, it will be the base.