Gold Tests Lower Levels

As predicted here, gold rejected $2000 hard. We collapsed through all of our support levels between $1956 and $1982. We plummeted throught the vacuum zone to find support at $1936, which is the next level after that dense patch of levels. We are likely to stabilize here, as we are currently seeing. At the time of this writing, we are hovering in the $1950's, and $1956 should provide strong resistance. It will take sufficient momentum to break through.