Gold/Silver rallies..

We dont see any Such Big Signs for Gold to rally.
As partners in Exchange mention there were many SHORT holders, who are closing there positions (BUYING), as the day to AUG 8 is coming near.

Gold still lies at its Resistance level range.

Technically, we see Gold/Silver are Broadening there Gaps, Due to for few days its been playing Zig-Zag.

A New Dip could emerge, We dont see Gold/Silver to break the Triangle before Aug8.

We shall Advice further.
Market Reacted due to Paulson Speech.
And due to Crude oil Rally.
A little Dollar weakness is Eyed as well.

We shall see Gold to lose its steam at around 645 / 47 level range.

There are 2 resistance heavily lying
645/7 and 650/2