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It's interesting to observe what's happening in the precious metals market right now. Gold and silver are falling, and the markets are closed — how is this even possible? But when you look at the numbers, everything becomes clear. Open interest is rising rapidly, indicating serious activity behind the scenes.
A clear picture emerges: traders are actively accumulating long positions, especially noticeable with $PAXG and $XAUt. These are not random moves — this is a massive buying pressure forming regardless of what current prices show. When you see such a mismatch between prices and open interest, usually something is brewing.
Keep an eye on gold and silver — $XAG is also in the game. When everyone is asleep, the real players are working.