RE: Gold dropped 22 bucksGold is down today because the US dollar is strengthening a bit, pretty tight correlation.
(Euro is down 1.64 cents, and I find each penny is about 10 dollars - probably gold will close down 15 or so)
US dollar goes up, gold gets more expensive, so price drops
If the dollar goes down, gold gets cheaper (in US dollars) so it tends to go up.
Plus probably some "profit taking"
Just my opinion.