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?
- Forums
- Commodities
- GOLD
- Gold Drops Like A Stone
Gold Drops Like A Stone
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online