Gold is testing 704 and will probably go lower.
Apparently the rest of the markets are causing
funds to sell their gold to meet margin calls.
That coupled with Central Bank selling and other
types of Guv'mint intervention and this is what you
get until they run out of ammo and bullshit to spew.
NOBODY PROMISED US A ROSE GARDEN!
Be sure to read the Karl Denninger articel I posted
and follow his website for more accurate info on
the big picture.