Precious metal futures fell rapidly, with the main contract of Shanghai Bank falling by nearly 1% and now reporting 7885 yuan/kg; the main contract of Shanghai Gold narrowed its gain to 0.19% and now reporting 625.7 yuan/gram.
The 5-minute chart of the order flow shows that COMEX gold futures are falling rapidly, and these two outstanding short orders constitute the latest resistance... Click to view the latest changes in the order flow > >
ECB Governing Council Member Nagel: We need to be careful not to lower policy rates too quickly.