I found this link on another Blog this weekend, found it interesting and thought I would share it (it is also in one of my comments in a post below but thought it should be highlighted, so here you go).

Thoughts and feedback are welcome. 😉

Always remember, exceptionally large volume is when smart money movers are in action, either covering old or taking new positions, in the market. It is during these high volume events that one can see the “footprints” left behind by smart money movers….

Smart money sells high and buys low. When smart money is active, volume increases. If smart money were selling gold, the highest volume would occur near the swing highs, and not after a $90 decline. The highest volume is at the low, [so far], so smart money is trying to hide its hand as it buys into the decline. Also, smart money has deep pockets, very deep, so they are not concerned with day-to-day price action even when price moves against them. They know price is going higher because they are the ones behind the move.

Smart money does not like company. It is their purpose to create as many situations as possible to shake people out of the market.

http://www.safehaven.com/article/41561/gold-and-silver-at-significant-support-new-story-developing