The dread December Crimex gold options expiration is November 24th–this is the month with the largest open interest
The coming 11 days qill be a test of the bulls resolve–if gold can just hold its own, that would be a good sign….
of course, htere’s the same prediction we’ve heard a zillion times–that never happens– that “this month” if the longs stand for delivery the price of gold will rocket cause there aren’t enough ounces to satisfy demand….blah blah!