Isn't next week also OE for Nov options? Also the Indan market is closed on Monday.

Given the record number of short contracts by the cabal for Nov gold, (see my summary of COTS internals below) history would warn us that next week there will be a huge effort to smash gold and silver. It is the test to see if the reported physical tightness and increased demand can over come the criminal activity of the boyz. At the very least we should not be suprised to see a lot of tricks by the boyz.

Given recent trading as an indicator, I would guess that a lot of downard movement could occur in the access market when the banks play with themselves. I sincerely doubt the crooks can get the price back to any of the floor values, but I can only hope that the anticipated attempts do not being gold back below $1000.

Best guess would be that gold holds just above $1030 which is a critical support level.

From my 9:56am, 10/16 post:

"Primary ceiling $1,200

Secondary ceiling $1,150

Tertiary ceiling $1,000

Floor/ceiling transition $950 This is the level where total calls become greater than puts.

Minor floor $850

Secondary floor $800

Primary floor $750

The wide range suggests to me a lot of potential for a downard move."