27 April 2015

Gold Daily and Silver Weekly Charts - Option Expiry Today, FOMC on Wednesday

There was some intraday commentary on the metals here.
The bucket shop delivery and warehouse reports were quiet.
Gold and silver had a sharp rally this morning.  Some would ascribe it to a perception that the Fed will not be raising rates anytime soon.
I think we have played that tune many, many times.  Too many to matter much anymore.
Let's see what happens.
Have a pleasant evening.