Warning: This is not a recommendation to buy, sell or hold any financial instrument.
Probably nothing, maybe something: There was a very sharp move higher (to a new record) on gold in early trading coming out of the weekend. It went close to vertical for the first 45 minutes of trading and hit a new high of $1623.17. Prices have pulled back from the highs, but are holding above the previous resistance/range.
Some factor (take your pick) has spooked market participants over the weekend and they stood on the buy side as soon as the market opened.