Europe holding Gold at 660

Europe is still holding Gold at 660
Due to Oil prices rising high.
There isnt much Effect happening to Gold right now.
We assume traders await for Indicators released today,

And as we see (Europe) did Profit take in Crude Oil

Making $1 down. to 77.20 range. And we feel it going probably 76 ranges.
Much Eyes remain to NY
And we do feel DowJones to probably go in RED today as well, due to European Equity Bourses are in red, due to sharp falls in global equity markets, amid escalating violence in the Middle-East, and as crude oil prices hit record highs.

We await for the MAIN INDICATOR TODAY

12:30 GMT Import PI MOM (US)
12:30 GMT Advance Retail Sales (US)
12:30 GMT Retail Sales Less Autos (US)

This could help in positioning the direction as well.

It looks like to me, People will close there positions in Gold/Silver also before weekend,
So that could drive the price for Gold around 650/652 as we eye for it.

However, Technically Speaking We might see a Push in the Gold.
But due to stand level for many hours, its lookslike for a little dip and emerging a new Buying entry, so to cross the level of 665 and upwards.


TASK : Await for the Indicators, that can lead further indications.
We will Advice further information on it, shortly