The blue moving average acted as a support since the last impulse of the beginning of the year, and as a resistance just before. We may see a rebound at this level.
The weekly logarithmic chart showing that the inflation adjusted price of gold has tested a resistance trendline after the announcement of Brexit referendum results. Also, there is RSI divergence.
We can see that the green moving average worked well as a support in the weekly chart and the price has been rebounding after the RSI hits the 37.6, approximately, level.
XIV reaches an intersection point of four resistance trend-lines
Monthly chart. Interesting intersection of trendlines.