Reports suggest that a sell-order of 4 million ounces awaits to be executed on Comex' opening on Monday, April 15, 2013. If it is indeed followed through (sell-orders can be revoked at any time before they are actually executed), that will result in a downward spiral in gold prices, with further technical triggers getting activated and more sell-orders joining the party on Monday.
http://www.emirates247.com/markets/gold/gold-goes-broke-plunges-overnight-to-1-475-how-low-will-it-fall-2013-04-13-1.502385
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- gold will plunge on monday
gold will plunge on monday
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