However note the OI in May Gold…8040 plus another 130…May is normally a dead month…8040 is 25 Tonnes…in a tight mkt Crimex had better pray they don’t all say Gimme !!!!!!
First Notice day Today 30 Apr…..That was when the spread shot out in the Apr contract…so far no movement, only 1 dollar wider over spot, @ $ 14.00
https://www.cmegroup.com/trading/metals/precious/gold_quotes_volume_voi.html#tradeDate=20200429