Sensex

Sunday, November 22, 2009

[Technical-Investor] Gold update

 

The key factor determining today's/this weeks gold price: Comex gold option expiration later today. Over the past several weeks, speculators have accumulated a 3 million ounce option position with a $1,200 strike


As i write this, Gold hitting an absolute record of $1,164 mere minutes ago is a ominous sign.

Silver looks all set to take out $19.50

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