So last week was extremely shocking for many gold traders and for the overall global market. We saw a major drop in gold again, which created a strong panic environment in the market. According to price action, most traders were expecting gold to move into a buying trend because of the May 28 low. From that level, we saw a strong bullish move, so respecting that momentum, gold should have continued higher. But instead, gold broke down. To be honest, the $4590 level was very important last week.