Yes, that is a valid down spike to 93810 with
and immediate rally back up.
Gold will probably move lower before moving
higher just because of the time of the day.
If gold doesn't move higher before the close,
it may stay down until the afternoon to see
what the Dow does.
Dow is currently starting to rise after a very
bad down session below the critical support area
of 7000.
Yen topped and is falling
Euro is up erratically
Oil is going sideways around $0.30
Bonds have topped and thrashing around sideways
Dollar is off its high of .89135, currently at .88985