Gold is lower for the fourth consecutive day and the 8th trading day in the past 9.
Shortly after the open for the week, comex gold is down $9 to $1164. Friday’s low of $1161 is key support at this point followed by the July 2010 low of $1157.
These are dark days for the gold bugs and I think they’re going to get much darker before dawn.
Gold daily since 2010
