An interesting week for gold

Posted | 26/06/2013 / Views | 1606
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With June options expiring this week and the big bullion banks now notably long on gold and nearly all out of their silver shorts combined with both gold and silver now being over sold to well below their 200 moving average, it will be interesting to see if this could be the bottom of the market and how these same bullion banks act in allowing the price to rise given they can now profit from it..