Usually, not always, but usually such a violent turn is extremely bullish.
I think the weak PMI caused dollar weakness which caused buying into metals and miners.
Then the traders figured tomorrow the Fed already knew this will maintain the printing presses and the remarks will be bullish for metals and equities.
Barring unforseen circumstances, that's how I read it.
I was of by 25cents.
Called GG up a buck today .Either last night or before open today.
however I was buying at 35.Still think gold setlles out at 1650 by year end and stays there till it becomes the de-facto currency for the world.