Are you thinking about closing your SELL orders? or it has already been closed because you entered a stop loss level... This is one of the classic stop loss hunt move, i believe, a huge percentage of traders would have lost their account or a substantial amount in their account with this spike. This would take most traders out of the trade and continue downwards. Even if it is an upward movement, it could be the upward retracement i mentioned in my previous posts. Still believe that gold is going to 700... This is why, I recommend at least 3000% margin levels, to withstand these sort of spikes....
