Gold Update

Gold Aims for 604 levels, It should cross 607 Level as well, before that we need to see how it clears from 603-604 levels, where we have seen heavy resistance.
However, the smoothness, and the nice pressure flowing, we see the Bottom touch has finished, and with New Week starting commencing with New Month, we see a Push in Precious Metals Prices is definately on the boards. And New Investment shall Supply inwards.
With little Economic Data today, we will see traders reaction in the market, with no Economic News intervention.
Technical Picture is Solidifying for Precious Metals, and if we see Crude Oil is Pushing upwards, with threats appearing in the Gulf region in relation to possible attacks in Oil related fields.
However, not solid Asian movements in the market, we need to see reaction of European/NY, which shall emerge a much clearer picture.

For the moment looking in Asia, the traders are eager to Push the prices upwards.