I'm not in this trade, despite feeling bad last night when I went to bed for missing it yesterday. The overnight futures takedown did look like manipulation. But that does not constitute proof. So now one might even feel lucky for avoiding the kleptocracy that is the wizard behind the curtain of this charade.

The upsloping trendline - however one draws it - was clearly broken. Moreover, volume has not reached capitulatory levels; it was only slightly above average. 

One might take a lesson from Steve's tutorial and a bright student might mark the mid- to upper-$1340s as the reversal trigger. The overnight will be important, as this closed on the low at the end of today's session. Finally, there's no plausible chart feature that I can see to offer support, as the trend is now below all the MAs and there's perhaps $60 of "air" before the downsloping larger-scale trendline from the upper left corner. That's my take.

But percious metals have more news risk than most things, except perhaps for oil. An exciting ride to be sure. Be certain that your seatbelts are buckled and tray tables are in the upright and locked position before takeoff!