Gold: $1,457.505.40 Silver: $16.890.01

Someone Just Dumped Almost $5 Billion Notional Gold Into The Futures Market

(EDITOR’S NOTE: Here we go again people… )

Gold futures are near the psychologically important $1300 once again as someone decided this morning was the perfect time to dump $4.7 billion notional gold into the futures markets…

Gold is back to Brexit day levels… as thedollar gains (amid EM outflows thanks to South Africa among other things)

 

Testing towards its 100-day moving average support at $1304

 

Silver is less affected for now…

 

Read Original Article at ZeroHedge.com

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