It's simply jobs week and gold is always manipulated until at least Thursday when this monthly event happens plus next week is the FED meeting where they want the dollar as artificially strong as possible. It's amazing what one can do with someone else's money or when the printing press is in the basement and it's not to hard to get the lemmings to follow (hedge funds).
I look forward to the day these criminals in NY and Washington are dealt with which I recognize may be never. I am now convinced there aren't free markets anymore, just interventions. Gold and silver will find much higher valuations as the real, not phony, fundamentals say they must but it will not be today. These trying and manipulative days, as gold approaches the end of seasonal weakness, will simply be a blip when looked back upon, IMO.
Fact is that gold around $900 near the end of July bodes very well for a large move higher in the weeks and months ahead even though those who have been patient are frustrated, myself included, especially with the blatant visual manipulations.