31 May 2017

Stocks and Precious Metals Charts - June Gold Contracts Active - Can't Touch This

Stocks were weak most of the day with Chinese economic data having come in rather weakly.

A late day rally pushed them into largely unchanged.

Gold caught a flight to safety and was into downtrend breaking territory much of the day, but was pushed down into the close.

As you can see from the CME clearing report below there were quite a few gold contracts changing hands as we are now into the active month of June.

There are many things in life which you may experience and enjoy. Being short physical gold, when it goes limit up with none offered, is not one of them.

Have a pleasant evening.