Middle East bombings cause gold market to drop

The Gold market started the trading session moving upward and moving toward it's session highs before more bad news out of the middle east caused the market to stop dead in it's tracks and break 17.00 dollars and close on it's lows. Word of a ground invasion by an Israeli tank division forced investors to bail out of their long positions. However heavy option buying 1000 strike calls have me convinced that the gold community is very long term bullish.