9:38 AM PDST

gold sells off on light volume down to the 75% retrace level (see chart) Hopefully, some up volume will move in here to keep it from selling off further Almost no volume at all at 87810 area meaning great indecision on traders' part, but zing a quick jolt of 347 contract to the upside So there are buyer in those bushes...! 50 minutes until the day session close.. We may see a sell off into the close, but gold will probably regain its footing and rise the rest of the afternoon and over night I hope...