As a matter of fact, prices are normally affected by the heavy selling/buying......
and once returning back to normal.......everything will refer back to fundamentals.
A quote from Barclays 06.10.2006 :-
http://www.telegraph.co.uk/money ... /10/06/cngold06.xml
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Barclays said the group had in reality met the 500 tonne limit, with others snapping up the unused quota of the Bundesbank - which has balked at selling in order to assert its independence against Berlin's politicians.
"We believe this is actually very bullish for gold because it shows that the sell-off was not driven by investors," said Ms Jacazio.
Philip Klapwijk, chairman of the precious metals group GFMS, said bullion would soon resume its five-year bull market. "The game is not over for gold. We've still got a big dollar devaluation ahead," he said.
......hahahahaha....

....let us see how the play going on
............
....sit tight.....fasten your belt !!!