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Just watching POG live. Can anyone explain why these huge drops in price occur when there is data released to the market. Tonight in point, it dropped about $15 in 30 minutes on data released about ISM manufacturing. I understand why it drops on data, but why such a large amount? The volume in the 30 minutes is not massive compared to the rest of the days volume. Why dont the sellers just feed their orders in at a steadier pace and keep the price more even. It always seems to take a more even approach to rising but when falling it usually plunges by comparison. Can anyone shed some light on this?
