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<p>[QUOTE="10gary22, post: 1028175, member: 23626"]Profit taking. As Silver approached the $25 level a lot of sellers put their positions up for sale and the same with gold. $1370 seems to be around the range that the sell orders kick in.</p><p> </p><p>I believe the large blocks of futures are computer managed and when the profit level hits, the sell orders are generated. So instead of a smoother graph line, it is stepped as each level is reached ?[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1028175, member: 23626"]Profit taking. As Silver approached the $25 level a lot of sellers put their positions up for sale and the same with gold. $1370 seems to be around the range that the sell orders kick in. I believe the large blocks of futures are computer managed and when the profit level hits, the sell orders are generated. So instead of a smoother graph line, it is stepped as each level is reached ?[/QUOTE]
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What is going with metal prices?
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