Weekend Charting and Chat - 16th October 2015, page-8

Gold Weekly - has certainly looked vulnerable since breaking below the important line @1179.4.
Prior to breaking down, it saw an increase in selling pressure (SP), followed by a lack of demand (ND), and then came the heaviest supply towards the downside that has been seen for weeks and weeks (maybe over a year ??).
Since then price has attempted to build up some strength again, and is now attempting to recover that level.
Odds would probably be a little against it doing so, however the task is not impossible....



.