Chinese govt intervention at stamping out speculation, it has crashed 40+% in such a short period. They are regulating any commodity price speçulation and I suspect all key commodities will face their displeasure. Difficult to catch the falling knife, I'll wait for the momentum to subside first, ditto IO.
As for gold, that TL breakout last night intraday kept drawing in bears which is disappointing. No real fundamental triggers yet as bond yields globally continue to rise.
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