Gold Update
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Gold is currently doing a Technical correction, and little profit taking occuring in Asia Zone for the moment.
Gold should be able to hold above 599, and our Initial Support is also at 592.20 levels.
A 5 days continous rally, needs a little correction, which is what we are seeing right now in Asia, with a slight dip on the boards.
However, we are just seeing it as technical correction, overall, market did crash the resistance late Monday, which has open the channels, A mini-correction is taking place, and profit taking.
Investors pressure still remains,
We should see Profit-taking in Asian side today.
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