{video} That didn’t take long. Gold continued its descent today, quickly reaching its next identified support zone starting at 1,866. It then kept falling, breaching the low of the range at 1,853. Support was subsequently seen at the day’s low of 1,858, leading to a bounce. Today’s low could be the low for the correction or gold may keep falling to the next potential support zone. {chart} At today’s low, gold was down by 4.6% from the top of the current downswing at 1,947. When looking at the downswings from the May swing high, there are swings that range from 2.7% to 7.2%. The current decline is the third largest ... (full story)