| Author |
Replies: 2,946 / Views: 97,711 |
|
|
|
Pillar of the Community
United States
1175 Posts |
I believe Gold closed above $4100 yesterday and there was unusually heavy volume of around 178k contracts traded in the Z contract for December. Normal daily volume is usually way below 50k contracts per day. And 128k contracts traded today, so far. Let's see if Gold can get above yesterday's high, that would be considered a break out. 
|
|
Pillar of the Community
United States
1175 Posts |
I got $59.30 APMEX is showing $59.80 Kitco and COMEX have are varying as well
|
|
Pillar of the Community
United States
1175 Posts |
Welp $60.00 on APMEX now and I'm seeing a bit of a end of day squeeze up in the future's.
|
|
Moderator
 United States
191727 Posts |
We are safely in the ~$59 zone with some overlapping in the ~$60.  Markets ended being up rather nice today. 
|
|
Pillar of the Community
United States
1175 Posts |
A strong finish for Silver, creeping up all the way into the close. It's close enough to call it $60 in my book considering all the different Bid / Ask spreads we see.
Although when trading the futures market that spread is only 1 or 2 cents, maybe 3.
Gold futures closed the regular trading session at $4168 and that's about $40 an ounce above yesterday's close of $4126.
That confirmation is the signal trader's were waiting for to go long Gold. So watch Gold.
|
|
Moderator
 United States
191727 Posts |
One more day before a weekend. How will the week finish? 
|
| |
Replies: 2,946 / Views: 97,711 |