Metals Futures Update

The main focus today is on the potential bullish breakout in the gold market and on a positive technical outlook in silver.
More "fundamental support will come from the recent improvement in Asian equity markets and from higher inflation expectations in the UK", according to sources. However, also keep an eye on the the US dollar,as much of the support in the metals comes out of a weakening currency.
Any setbacks towards the 652.50 level in Gold is a good opportunity for fresh long positions, targeting 678.20 for the end of the week.