Gold Update

We Posted a Technical Chart around 1 month back, and we mentioned there were 5 Small Downward Waves already developed. Now we will see 5 Big Upwards Waves, and a Solid Straight Wave Upwards, and then Correction again.
We have 1 Upward Wave already now. and this Correction to 615.50 level, was developing a 2nd Upward Wave.
However we shall also look at Fundamental reactions, which is the set of Economic Indicators releasing today, and we shall keep posting on more information.
There is Definately Buying Pressure in the Market, and lots of Solid Buying Interest developing by Investors, which is a Good Key.
An Upward Push on Thursday, Shall Confirm a 2nd Wave Developing, for to cross above 635 and Next meeting point 641/2.
Gold trades currently at 624.50 in Positive Zone, And in Lane of Forming a 2nd Wave.