Gold Daily And Silver Weekly Charts - Comex Option Expiration

Remember

Disclaimer

    The views contained here may not represent the views of 24hGold, its affiliates or advertisers.

    24hGold.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including, editorials, news, prices, statistics, analyses) provided through its service. In no event shall 24hgold.com, its affiliates or advertisers be liable to any person for any decision made or action taken in reliance upon the information provided herein.

    Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of 24hGold.com, is strictly prohibited.

Published : February 26th, 2013

169 words - Reading time : less than a minute

Send

comment

Our Newsletter...

Gold and Silver had decent bounces off deeply oversold levels on this Comex expiration.

Stocks slumped hard, largely on renewed recognition that the sequester and Europe are still a problem.

There was really nothing new said, as VIX spiked, but the bubble in stocks had simply run its course for now as the last of the big caps reported their earnings.

What next? Keep an eye on the sequester in the US and on Europe in general. There are some signs of a growing problem in greatly overpriced Chinese real estate.

I am looking at this bounce to see how gold handles the 50 percent tracement level of this big waterfall decline, which was stage managed by the funds and probably the bullion banks.

Will this be a v-bottom, a multiply tested bottom, or no bottom at all?

The levels of open interest on the Comex during this decline, as well as who was doing the selling, were remarkably significant. And likely to be ignored by the market 'regulators.'

Rate :

Average note :0 (0 vote)

Comments closed

All

Favorites

Best Rated

Latest comment posted for this article

Be the first to comment

Add your comment

Take advantage of rising gold stocks

Subscribe to our weekly mining market briefing.
Receive our research reports on junior mining companies
with the strongest potential
Free service, your email is safe
Limited offer, register now !

Go to website.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis

In the same category
The Plague of Illusion and Madness Jesse What Sorrow Awaits the Shepherds of Lawlessness Jesse A Carnival of Beasts Jesse Dry Bones Jesse Many, Falling Away Jesse Behold Your Mothers Jesse Pride Changed Angels Into Devils Jesse Black Swans Circling Jesse The Madness and Illusions of the Exceptional Jesse The Overreach of Power and Privilege Jesse

Gold Daily And Silver Weekly Charts - Comex Option Expiration - Goldfinger