[isatrader]

...I probably could have posted more but there are limits! I think something is going on! Is this normal?

Is just the hot sector at the moment, so money has been flooding into it over the last week while the market has been tanking. It could be a little too hot though short term, as we saw a number of squat candlestick patterns today in the sector with prices gapping and running higher earlier in the day and then closing back near the opening prices. So an increasing chance of a pause or pullback. But volume is strong so might have more legs still.

Attached is the GLD etf chart, as it illustrates the volume coming into gold over the last week, as was around two times the weekly average last week, and already is around the normal weekly average just from Monday's trade. So volume has increased significantly and US dollar priced gold is attempting to bypass Stage 1, and go straight for a Stage 2A breakout attempt, which it got above today, but then pulled back below to close the day.