Monday, October 28, 2013 12:07:37 PM
futures options expire today in the metals, since gold is coming in high that is often a turn that will sell off a couple of weeks into the next low.
really after 12 years in a row green on gold, it would be better to to end the year as low as possible for a good low. if gold ends higher say 1400 then more pain is expected next year.
there will be alot of tax loss selling in precious metals stocks and GLD SLV as well.
cheers!
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