Gold now is at very important threshold testing long line support at 777USD. Further rise in USD did not brought Gold lower then previous low so far and this week will be very important. Rally in the markets spiked by bailout faded today and we are very close to Election Rate Cut just to keep things together. Euro now is in comfortable zone at 1.4 level and further "rally" by USD will bring US export to a hold. Something has to give and very overbought USD now is very vulnerable to sell off from important resistance at 0.8 on USD index.
The only hope of PPT (plunge Protection Team) is that this manipulated "wash out" has taken out a lot of speculators and investors from Gold, Silver, commodities and Junior mining markets and when US dollar responds to natural force of gravity and continues its Bear trend its move down will be manageable.