RE:I guess the Trading Bots....
They're kicking in alright, but by a programmed outmoded correction device out of sync not caught up with the real world in need of a major overhaul.
Its not unlike a machine controlling the thinking of the masses with regard to gold . It is a machine controlling/swaying the thinking of the masses with regard to gold..
Foriegn central banks will continue to lap up the dips, or better put - the automatic brainless selling of gold along with whoever still has any to sell as the banks continue to buy - pushing new records, and will continuously going forward.
The gold buying public, those with cash to buy and protect - are out there numbered in the millions yet still, and are as oblivious to reality as the mindless algo's programmed to sell on outmoded data.
Be patient. This will change and it will come about in a very big way.