Gold Update

Gold trades in tight ranges, with little volume seen in Asian trading, Long positions still remain heavily in the market, with focus to clear 640/642 levels.
With a good long term outlook for bullish run, supporting by USD weakness and Crude Oil rally, the market is an Up-trend.
Gold current Intra-Day support lies around 625/626 levels and 622
It appears as gold is preparing for NY/European traders to push the prices upwards, giving them chance to Buy at Dips, at 628/629 levels.
With China news up at the front, Precious Metals gets enough support.
No US Economic Activity today, we shall see tight ranges in the market.