There will be an option expiration on the Comex tomorrow, August 28th for the September contracts for gold and silver.

Silver is a more significantly active metal in the September contract. The focus in gold trading now has shifted to October and December. Gold is jammed into resistance at the $1300 level as can easily be seen in the price chart below. There will be a Non-Farm Payrolls Report for the month of August on Friday, September 8.
 

 

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