Several key technical support levels were breached on the downside to inflict the chart damage.

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Prices hit a fresh six-month low overnight, dropping below key technical support levels to produce fresh near-term technical damage.

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Heavy technical selling pressure has emerged as gold prices fell below key near-term technical support levels on Friday.

FORBES: A.M. Kitco Metals Roundup: Gold Sharply Lower, at 6-Mo. Low, on Heavy Technical Selling

The gold bulls did fade a bit Monday as prices fell to a fresh three-week low and did breach some key near-term technical support.

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Should the shares breach key short-term technical support at the 16-level, we could see this excessive optimism unwind in the form of added selling pressure for the networking sector.

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July Comex silver futures bulls still have the overall near-term and longer-term technical advantage, but did fade on Monday as prices hit a fresh three-week low and also breached a key near-term technical support level.

FORBES: Comex Gold, Silver Firmer in Wake of China Monetary Policy Tightening

Her responsibilities were broader than the average CIO, as well, as over time her role expanded and she oversaw innovation, gaming, IT application development, infrastructure, security, support for customer facing systems, all company web sites, as well as key initiatives to develop new technical capabilities for the Total Rewards loyalty program.

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