On the hourly chart, Gold’s impulsive declines continue to show more power than the rallies. For instance, although last Tuesday’s low exceeded a key bottom at 891.90 recorded a month earlier, the rally since has so far failed to answer this sign of weakness with a correspondingly strong upthrust. That would have required a push touching 964.10, whereas the actual high, 941.10, fell $23 shy. That peak remains the number to beat this week, but any less would indicate that sellers still have the upper hand. If weakness holds way today, the first place where we might look for a bounce is 913.90, a midpoint support with a ‘D’ target sibling at 886.70.