Gold Demand in China Heading For Record and Reserves Increase 14 Tonnes In October............. More peculiar trading on the COMEX was seen when 18,000 gold futures contracts, worth nearly $2 billion, were dumped on the market at a time when the market was less liquid.......... The nature of the selling again appeared to suggest that the seller may not have a profit motive in mind. The selling did both psychological and technical damage to gold. Gold sentiment already battered will not have been helped by the move and technically gold prices have fallen below what Goldman Sachs and others see as a “crucial level” technically. http://www.goldcore.com/us/gold-blog/gold-demand-in-china-heading-for-record-and-reserves-increase-14-tonnes-in-october/