PDA

View Full Version : Gold getting very close to $1200



Sakata
25th May 2010, 11:18
Gold is at $1199 as I type. Someone else posted that today is options expiry day. Does this mean we are going to see a knock down this afternoon? The shorts cannot afford to have it close above $1200.

Sakata
25th May 2010, 20:23
Coincidence or not? Once the markets closed and options expired the price of gold started to surge. It is now over $1205. Silver is doing even better.