Gold Update

Gold has pushed towards 580.
We dont see any heavy downward push.
The Only reasons are traders are just getting prepared for FOMC meeting this week, and they just thought to close Positions, however, we have a report many Big Funds still have Long Positions in Precious Metals.
Another reason, we saw a little down push in Crude Oil, and Dollar strength (this is ONLY reason for FOMC meeting, no Economic News or such).
So we dont see anything Panicky.
And we are still looking for 600 very soon
580 level is holding good support, If we fall below it, we will just look for 572 level, and push upwards.