23 November 2015

Gold Daily and Silver Weekly Charts - Comex Option Expiration

There were no deliveries in precious metals at The Bucket Shop on Friday. What a surprise.

There was a little movement in the warehouses.

There will be a precious metals option expiration on the Comex tomorrow.

We will be shifting gears into the big December gold contract at the end of the week.

The US dollar gained a little and the metals were off a little.

The US dollar long trade is a very crowded bus.

I have not yet seen a buy signal for the metals in all this.

Have a pleasant evening.