Gold Daily and Silver Weekly Charts – Comex Options Expiry and FOMC Next Week

from Jesse’s Café Américain

And so we did a bungee jump over the past two days, a trading phenomenon colloquially known hereabouts as ‘shenanigans.’

These jokers are so obvious and tiresome since the regulators have been put to bed. At least they are not too lazy to steal.

Intraday there was a simple performance comparison of the two gold funds OUNZ and PHYS.

Next week could be a bit of a challenge for the precious metals, as we have not only a relatively important expiration on the Comex on Tuesday the 26th, but on the next day on Wednesday the 27th the FOMC will be revealing their decision on interest rates.

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