On NYSE/AMEX: Gold pops at open from 880 up to 895, possibly headed for 900. May be more of the panic stuff. Expect it to come back down. Actually this move coincides with the Market, but one can never be sure in these times.
Two hours into the trading day and KRY volume is already above yesterday's volume. Opened with a bit of a sell off, but then the turnaround with accumulation. Big guys buying in before luch in a huge way. Something may be up.
Be aware that Level II never reveals all. The "Big Guy" that has been showing up in the afternoons lately, well, has likely always been there all during the day. Just not revealed in Level II until necessary. This may seem deceiving, but is sometimes necessary to make sure bid and ask prices are met in a fair and equitable way.