There is a lot of humble pie being served up to the gold investment community in recent weeks. We should know, as much as we have tried to help identify high probability bottoming opportunities in both precious metals and mining stocks, the selling has been relentless.

Rather than going through all the usual extreme data points which have proven to be much more noise than signal (sentiment, CoT data, etc.), I would like to simply highlight the upcoming market calendar and the following weekly chart of gold dating back to 2009:

Friday June 28th: Last trading session of the 2nd quarter

Monday July 1st: US ISM manufacturing index data

Wednesday July 3rd: US ISM non-manufacturing index data

Thursday July 4th: Independence Day holiday in the US

Friday July 5th: US June employment report

Click to enlarge

Gold_Weekly_6.26.2013