Gold could have touched the Bottom Level.

Gold Could have touched the Botton Level now.
However the crude Oil has come back above $60 Now, which is giving good strength to Precious Metals.
As Opec also has agreed INFORMALLY that it needs to cut production at least 1 million Barrels a Day - at least 4 per cent - in order to boost the falling price of Oil, as FT (uk press) reports.
Todays BOE and ECB Rate Decision, shall give heavy weakness in Dollar, which could give another strength to Gold.
If we see a Rally up from NY traders today, there would be clear signals that it has touched it bottom levels, and proceeding for the moment upwards.
The 563 level, was a nice Support, However gold touched quickly at 559 and bounced back up to 562-563, growing it Support there.
We need to see Today (Thursday) how NY traders react, which is more Heavy Liquid Market.