27 November 2013

Gold Daily and Silver Weekly Charts - Quiet Holiday Trade

As the trading volume dwindles into the US holiday, I will join those who have already left the market in the capable hands of their junior staff.

Most likely they will shove the price around the plate a bit, and then leave it at some level not far from where it has already been.

Metals are under modest 'pressure' if you can call what transpires on the Comex as having any weight.

The December contract should be rolling over, with those more determined to play with the idea of delivery hanging on.

I may update some things later night. But for now a last trip to the market, and the effort to make visitors welcome from their travels home.

Happy Holidays for all those in the US, and for the rest of world, please try your best to carry on without Wall Street's guidance and direction.

Have a pleasant evening. See you Thursday night.