A CME gap between 110.5K and 111.3K is expected to close in the near future, based on historical patterns, which is seen as necessary for further organic price increases.
"We had a CME gap over the weekend. the CME gap sitting over there between 110.5 to 111 um.3K. So ideally we come back and close this gap. Generally these are always tend to be closed especially over the times we've been tracking it in the stream uh in the past few months and we need pro we definitely want to come back and close that to continue higher in a more organic way."
