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
sp going up..., page-5
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Last
11.5¢ |
Change
-0.015(11.5%) |
Mkt cap ! $35.81M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $3.285K | 28.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17434 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 24215 | 2 |
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| FML (ASX) Chart |