Precious Metals Update

Gold is coming near to its first resistance level 1 - 598, Crossing that we have 200 MA,
Main key for the moment is 606.50, crossing that is a Good Channel open for upwards.
Main focus still remains on Crude Oil
However it appears, that gold has touched it bottom levels on 4th October at around 558 levels. And technically we are seeing it to push higher, With GeoPolitical : North Korea tension giving it support, and Crude Oil little push upwards, is supporting the prices.
Upcoming gradual Physical Buying flow is a next key as well for price to mantain its Support.
Looking History, we see 4th Qtr of the Year, a nice price Rally, which could be seen this 2 1/2 months to go for a new Year to progress.
We Still Eye closely at Crude Oil prices, which is a Main Co-relation to Precious Metals.
Anyone willing to enter, the key is to keep tight stops, Main thing is not to guess or predict, its to look everywhere, and we are here posting upto date information
Precious Metal traders - Keep a tight stop on your Long positions, as we are coming to few resistance levels, 606.50 is a Main Level to be watched, Clearing that CONFIRMS a bullish push upwards.