Importantly, the gold and silver futures markets were ripe for corrective, technical and profit-taking pullbacks following recent strong gains that had sent gold and silver prices to multi-month highs earlier this week.

FORBES: Comex Gold, Silver Try To Recover From Wednesday's Shellacking

We can cook up all sorts of reasons why it did not do the same on Egypt news or Tunisia or any one of a handful of Mid-East uprisings but as a technical analyst I believe it was because the market was ripe.

FORBES: Chart Geeks May Finally Get Their Correction