http://2.bp.blogspot.com/_m5i6pLhlNWU/TFBws3cUTUI/AAAAAAAACoc/X-oXRsDd33o/s1600/%24gold.png

Price, thus, charts can be easily painted to elicit a computer response. What is far more difficult to paint is the force behind the trend. Any price analysis is incomplete without it. Still, it is highly likely that the "managers" maximized the technical damage to coincide with option expiration and contract roll over this week. This will be confirmed or refuted by the breakdown of contracts in the paper market released at the end of the week.