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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: gold$10k who wrote (42505)4/12/2013 9:46:43 PM
From: Harmens  Read Replies (1) of 48092
 
Gold,

It could be some rebound next week, but they could push down gold again.

Look at this:

NYMEX Daily Settlements for Gold Futures (FINAL)Trade Date: 04/12/2013

Month

Open

High

Low

Last

Change

Settle

Estimated
Volume


Prior Day
Open Interest


APR 13

1560.8

1560.8

1480.2

-

-63.3

1501.0

881

828

MAY 13

1560.0

1563.0

1475.7

-

-63.5

1501.0

1,831

431

JUN 13

1560.3

1564.2

1476.0

-

-63.5

1501.4

373,919

264,347

AUG 13

1561.6

1564.6

1478.8

-

-63.6

1502.9

6,034

39,113


A huge spike for Jun 13 futures.
We have April gold futures expiration On April 26.

They will play around this two dates. We should expect a serious bounce by the June expiration date.

IMHO

Harmens
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