Because no rhyme or reason behind how COMEX gold acts, and or no rhyme or reason behind how the Dollar acts, because no way of knowing what TPTB are doing behind the scenes with rates etc. If AU goes to 1300 1400 1500 etc all these miners with double or triple, because of the value of their LAND, with wealth in the ground, untapped reserves.
IMO? Every time gold goes down its a mistake or distortion.
XAU Chart: