The pair lost 1000 dollars per ounce and is now at the 997 support. The price has rebounded at these levels, like on the September 21st. If the pair doesn't hold that level, it could rebound at 995, 993, 987 and, finally, at 983 dollars per ounce of gold. Another point of view is that the price has widened the fibo 61.80% a bit (from 1019 to 983.86) to go back seeking new lows in the next few days, by breaking 983. On the upside, the level to break will be 1007 by the downwards trendline (union between 1019 and 1009.9).

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