574.98 Important Level for Gold

574.98 and 570 is Important Level for Gold, for the moment,
Crossing that will lead it to go 540 levels.

For Bullish Channel to form, we shall Cross 598 and 605 levels, to have a Steady Uprise.

We Aim for 597 this week and up, as the current momentum shows a Daily rise in the price, And we shall see a nice Long ride soon, due to heavy Physical buying intending to flow by. However we shall keep focus on Fundamental Results as well.

Crude Oil Reversal upwards helping Precious Metals,
Any chance of it striking to $55 - Could effect heavily..