Gold Discussion.. What really happened today?

Gold, Silver both have gone way Down towards OverSold Area.
And It shall pace up a movement upwards.
It looks Asia Market shall react nicely and buy on such prices.

Now lets Look together.

Look at 23rd - Daily Chart, what makes you feel by looking at that?
Down Ward Push.. Were you Panicky that time?
Wel that was a Correction for Bullish upwards.
And then we saw a nice push upwards, and then pull back to correct for a new bullish pattern upwards crossing previous resistance.

This is the same thing we are feeling right now.
610-612 is way Over Sold, And it should do the same thing as it did on 23rd level.

Look at Daily Chart, Its Coming in to OVer Sold,
Looking at 1 hour chart, its totally Over sold, looking Packed there.

We see a Mini Reaction today.
This is to gain good support, for a push higher.

If we see for many days, the price were totally JAMMED at same tight ranges.

Main other reason for downward push was also short term USD strength, Crude Oil prices pushing way down and due to Philly Fed (as we mentioned Earlier, do look out for this one today).

Anyway, No Panicky Issues.

We shall Advice further, more reactions.

But we still have eyes for same thing like 23rd. If not.
603 is welcoming again, thats where 23rd level rebounded back. If that level isnt able to be hold, We would say 588/590 level.