The PMs market probably cleared out all Johnny come lately the weak hands, that piled into our sand box on the highs of 2016. Speculators always buy on highs and sell on lows.
They always buy in late, wait too long, to MAKE SURE its an uptrend, and also to make sure they lose money. They don’t know it, but they have a subconscious secret desire to lose. It starts at 3 years old.