Its the USD and the lack of fear that took gold down below support, and then all of the technical watchers just butchered it. Yes, I agree that it will come back up, and I am continuing to hold my position for a crash in the USD in 2017. Right now the election is going to keep this afloat and of course higher rates in the US means higher USD, which means lower US Gold and Oil. So, we are puppets to the USD right now for 50% to 60% effect on Gold and Oil, and remaining is on the state of the world and the OPEC meetings. Just my 2 cents......Holding Oil and Oil related stocks ALSO. Having faith!