The gold market initially acted like weakness in the Dollar was going to trump the sharp reduction in flight to quality anxiety. However, with the strength in the US equity market extending into mid session, a sense of calm seemed to settle into the marketplace and that clearly served to undermine the gold market. In fact, given the sharp break in gold prices last Friday, additional weakness in the market this morning seemed to turn up the technical heat on the gold market. Even more surprising is the fact that gold failed to derive any support from the combination of a significant Dollar setback and a rather impressive run up in energy prices. In the end, even a temporary leveling of anxiety toward the financial crisis seems to have left the bear camp with an edge.