In my opinion is still and it's waiting for a big rally to come. I think for now is still testing the 600/590 level.
(If it breaks we will go down to around 560 USD.)
My opinion is that the reactance is to strong to go down any lower for a week or more. After a few weeks we will be back around 600. Than the price wil go slowly upwards and if the price reaches 680 USD, it will go up to start a new big rally.
Have a nice day!