Hi,Don´t you think, looking at today´s markets, that some correction is due in commodities. The volume in silver and gold is huge, i think.Thanks.
Carlos, when you say volume in silver and gold is huge, are you talking about physical metal options volume?
No Eri,I am talking in ETF´s (GLD e SLV). Sorry for the missing information.
I am not sure where exactly you are looking at the volumes, but from where i am watching i can only say that volumes on GLD and SLV are pretty much average.Volume on SLV is even below average
Toby, with today´s close of Gold, do you think we will have more consolidation to near $ 1300 ?Thanks
No clue. Just like everyone else I'm waiting to see what plays out. And I have my line in the sand strategy ready to go if $1315 is violated.
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Hi,
ReplyDeleteDon´t you think, looking at today´s markets, that some correction is due in commodities. The volume in silver and gold is huge, i think.
Thanks.
Carlos, when you say volume in silver and gold is huge, are you talking about physical metal options volume?
ReplyDeleteNo Eri,
ReplyDeleteI am talking in ETF´s (GLD e SLV). Sorry for the missing information.
I am not sure where exactly you are looking at the volumes, but from where i am watching i can only say that volumes on GLD and SLV are pretty much average.Volume on SLV is even below average
ReplyDeleteToby, with today´s close of Gold, do you think we will have more consolidation to near $ 1300 ?
ReplyDeleteThanks
No clue. Just like everyone else I'm waiting to see what plays out. And I have my line in the sand strategy ready to go if $1315 is violated.
ReplyDelete