Loading ...I have no proof of this at all, other than mkt observation….I think we have large shorts in PM shares vs the metal, we have large shorts on PM shares and those positions are being added to as protection, through out the day, to keep the mkt looking lousy and to depress sentiment.
The chart below shows how the mkt attempted to break out to the upside, but was too extended to carry, the action I see since is the mkt building the power to take that top line of resistance out and then attack the Highs……
I am waiting the move…..