Your right about that but if they weren’t so eager to jump in so fast although testing the water they wouldn’t be all over the place.
This is the answer I got. Had to change my question from why is it going down cuz it said it’s going up to why it is going down after rising in so many words.
Gold and silver initially rallied after a soft jobs report because weaker employment data initially led traders to price in lower interest rates and weaker real yields, before reversing sharply lower as the market pivoted toward fears of persistent inflation, a surging U.S. dollar, and rising Treasury yields