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.

SP 500 and NDX Futures Daily Charts - Thanksgiving Holiday Trade

Most of the traders have now left for their holidays, and the junior staff are remaining to finish the day.

Volume is very light.

If there are any significant developments in the remainder of the day I will true up the charts on Friday.

Have a pleasant evening.

Gold Daily and Silver Weekly Charts - Sitting On Top of the World

"Straddling the top of the world, one foot in China and the other in Nepal, I cleared the ice from my oxygen mask, hunched a shoulder against the wind, and stared absently down at the vastness of Tibet."

Jon Krakauer

Today had all the appearance of the post Comex option expiry 'gut check' that seems to be a new tradition in the markets.

Have a pleasant evening.

SP 500 and NDX Futures Daily Charts - Holiday Week

"Not what we say about our blessings, but how we use them, is the true measure of our thanksgiving."

W. T. Purkiser