....or we have entered a new phase, just as many have been predicting (i.e. Jim Sinclair, Eric Sprott).
On the other hand, you could be correct and we may see a takedown back to the 200 MA.
Who knows, but it is my opinion that sooner or later the gold price management scheme will fail/end, and the price of gold will elevate to it's true value against fiat money (whatever that might be).
Your request for a rational explanation will not be answered because there isn't one other than fear (i.e protection of capital).
MB