• Gold markets rolled over quite significantly Monday, as it looks like the recovery is starting to take a bit of a rest.
  • The $1720 level looks to offer a little bit of support, but I think that support is probably short-lived at best.
  • It is only a matter of time before we break down from here, perhaps down to the lows of the $1680 level. That’s an area that is crucial in longer-term charts, so I will be paying close attention to it.

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