Gold calls.Long term -medium term and intraday calls in gold is here !.

[Eyeskating]

Dec silver may target 923 then higher again

edit

make that 925-935 more than one possible pivot

Can't trade future. What's the equivalent value for spot?
Thanks.

 

[sujithsstorock]

gold not a buy yet....???

today is a day to watch. Gold negative for now.

 

[udhay28]

I prefer long at low (790-798), Is it ok Rodin, Suji?

yes, i think so, POG target 825,830 very soon

 

[funfun]

US SM future are up,, I think Suji is right,, we better stay aside and watch

 

[udhay28]

yes, i think so, POG target 825,830 very soon

I think we can go long from 790-795 tgt 820,825,830+ stop 770.. my own view

 

[cly_evo]

suji... do u have a gap at 776 somewhere near market open?

 

[funfun]

It kissed twice at 895, this could be it

 

[rodin]

Can't trade future. What's the equivalent value for spot?
Thanks.

Something I have not seen before. Dec silver is trading a couple cents BELOW spot. This could mean Dec contract is not just way behind real physical price (dealers are BUYING above spot) but also below SPOT price.

Either silver will be much cheaper in late November, or COMEX is going to default

 

[funfun]

It kissed twice at 895, this could be it

 

[funfun]

It kissed twice at 895, this could be it

 

[rodin]

Gold tgts 791, 777

 

[funfun]

It kissed twice at 895, this could be it

 

[udhay28]

It kissed twice at 895, this could be it

what is yr time line

 

[funfun]

short term

 

[funfun]

Gold tgts 791, 777

Rodin,
this is the first time I notice you and Quad G are sitting on opposite side, his tgt is 870..
I am totally confuse😕

 

[OceanBleu]

It kissed twice at 895, this could be it

funfun, what kissed 895 twice? Gold is below 800 and silver above 9 so not sure what you are talking about.

Thanks for clarifying

 

[rodin]

Something I have not seen before. Dec silver is trading a couple cents BELOW spot. This could mean Dec contract is not just way behind real physical price (dealers are BUYING above spot) but also below SPOT price.

Either silver will be much cheaper in late November, or COMEX is going to default

Backwardation is a normal market situation in a "sellers" market.

..a 'sellers' market WTF???

Backwardation very seldom, if ever, arises in money commodities like gold or silver, except one situation in the early 1980's when there was a one day backwardation in silver while some metal was physically moved from COMEX to CBOT warehouses[citation needed].

Folks today's price disparity (3 cents now) is an occurrence as rare as rocking horse sh1t and wants looking into

Backwardation - Wikipedia, the free encyclopedia

 

[funfun]

funfun, what kissed 895 twice? Gold is below 800 and silver above 9 so not sure what you are talking about.

Thanks for clarifying

Sorry Ocean, and thanks for pointing me out😆
it is 795 spot gold price,, I keep saying 895 (may be it is coming😛)

 

[udhay28]

Rodin,
this is the first time I notice you and Quad G are sitting on opposite side, his tgt is 870..
I am totally confuse😕

I think he means this will happend in next 1hr.. else Quad G target

 

[rodin]

Gold tgts 791, 777

791.4 posted 777 if we break lower only

BTW Q & I are on the same page over at Kitco

edit

another target is gap closure 782.5