It’s not rocket science. June is historically a nasty month for PMs.
But the PM share to PMs ratios are almost at their 38.2% retracements (today? tomorrow? next week? – soon), for the HUI/Gold ratio at the 50-day MA.
The fact da boyz are running low on bullion makes this raid quite predictable.
Looks like a great buying opp here.
JMHO
Cheers all