Gold lost support, perhaps egg support, silver likely support

PM bears may get punished here.

There was a similar egg on the SPX, and then instead of falling off the edge of the earth, it ramped like a POMO induced madness.    

However, keep one thing in mind.   Almost all the world's indices ramped along with the US.   this is not just ALL POMO money, this is a real world wide Elliot Wave type move based on mass global psychology.

Scroll down in post below to see the SPX Egg

http://oahutrading.blogspot.com/2010/08/interesting-all-new-highs-on-misc.html