Futures : Metals Update

In gold we had a strong reversal after a test of the lower support line.
Weaker USD and higher oil price made investors allocate funds into the precious metal.

Gold trading at 626-627 resistance with potential upside towards 632.00 and 643.00 (need to have a firm break through resistance).

The risk to the downside remain around 582.00 if long term support line is taken out.