GOLD

What's interesting from the daily chart, aside from the series of lower lows and lower highs since early May: a decline, is where we ended the week: the bottom of support resistance turned into potential at $1,919 . With the weekly price retesting the bottom of its support zone at $1,928-1,960, this week it is possible to create resistance at $1,919. A break from here, then, could have sellers take control and target support at $1,866, which happens to share chart space closely with the 200-day simple moving average at $1,858.