Over night COMEX June future was slammed down $30. I am curious how could this happen given most macro factors point to favouring PM. US bank crisis, government debt ceiling problem, higher recession threat etc, none of this making sense to selling gold.
Then I checked the June future. It's opened since June 30, 2017 when POG was $1330/oz. This seems make sense that with the future expired next month, shorters are desperate to suppress the future price so that they may only lose a arm rather the head?
Crazy world.
Over night COMEX June future was slammed down $30. I am curious...
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$2.20 |
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| Open | High | Low | Value | Volume |
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