On Wednesday evening President Trump became the third U.S. president in history to be impeached. This process was run by the House of representative which contains a majority of Democrats.

There is no doubt about it, volume is thinning out as the holiday season closely approaches. Today for example volume in gold futures is sitting at 173,253 contracts.

The precious metals complex is trading fractionally lower today as U.S. equities continue to rise. Given that US equities are only fractionally higher gold, silver and platinum are all trading fractionally lower.