Gold Update

Gold is standing nicely at the Support level we mentioned in Asia Morning 599, where it bounced after touching it.
There is a heavy Dollar strength which is pushing prices downwards, but we are seeing nice investors demand arising, keeping the prices steady. Such dip was required for technical correction, and start the rally upwards, Prices should be some what near $600.
Traders focus on Chicago PMI today coming out at 15:00 GMT. Important data, which shall set the trend short term.