We survived Comex option expiration with prices well above the "wall of calls" at $2000 and $24. What does that mean and what does it signal for the weeks ahead? Probably not much and today we'll explain why.
And the week is just getting started so there's plenty of time left for the usual Bank shenanigans. Wednesday bring contract "expiration" as the front month Dec23 contracts go off the board and into "delivery". After that, we get Thursday and the final trading day of November. Do you recall how The Banks worked overtime to keep spot gold from ending a month over $2000 for...