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Hi CW, the forum is all about sharuing ideas so I hope people would chime in if they have any thoughts.

The stops were looking shakey this morning, but Im hanging in there. Hopefully tonight with the resumption of LBMA trading (bank holiday yesterday) gold can get back into a proper trading pattern. My thoughts are COMEX options expiry last Thursday, then Friday Benrnanke Speech and the UK bank holiday have all coincided as an opportune series of events to sell gold into quiet and or timid markets.
Perosnally i dont think there is a danger of the massive gold head and shoulders being confirmed due to the current Venezuala issue, not to mention the seasonal factors.
http://www.tfmetalsreport.com/blog/2228/painting-tape

But as always there is a price for jumping in too early, but Ive factored some assistance from current strong AU fundamentals. Looks like it will need it as the 41 area has some strong resistance. Looking forward to your XGD analysis.