Gold & Silver Pumped-n’-Dumped After China Data

Some initial weakness in precious metals after China reported its data last night gave way to a very narro wrang trade until the US morning began to going. At the ubiquitous 8amET witching hour, Gold (and silver) ramped notably (on modest volume) as crude and copper lost ground… but as soon as US markets opened, the precious metals mashing began and both silver and gold are back below China GDP levels(with both breaking back below their 200DMA)