Briguy's Breaking Briefs (DTR1, 4:30pm ET)

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============== Gold / Silver Sell Stops Hit ==============

Gold dropped nearly 2 percent and silver slid 3 percent on Monday, triggering automatic sell orders in thin pre-holiday dealings as oil prices eased back toward $55 per barrel.

Spot gold was down 1.8 percent at $1,174.21 an ounce at 2:24 p.m. EST (1924 GMT). It lost about 2 percent last week on a strong dollar and expectations of rising U.S. interest rates.

U.S. gold futures for delivery in February settled down 1.4 percent at $1,179.80 an ounce. The largest open interest in January options was at $1,200 ahead of expiry on Tuesday, traders said.

U.S. stocks edged higher on Monday, with investors holding off on making big bets after the S&P 500's best week in nearly two months, while the Dow was lifted by gains in large-cap tech shares.

Major indexes remained near record levels, but trading was expected to be quiet this week given the upcoming Christmas holiday. The stock market will be closed on Thursday and close early on Wednesday.

Energy shares continued their recent downward trend as crude oil <CLc1> sank 3 percent on the day after Saudi Arabia's powerful oil minister said OPEC would not cut production at any price. The S&P energy index <.SPNY> fell 1.6 percent as the day's weakest sector; Chevron Corp lost 1.3 percent to $111.44 while Halliburton Co was off 1.9 percent at $39.70.

Tonight, we'll cover the news, sure.  We'll share some tunes, ok.  We'll also continue to educate on sound trading principles and practices.

Join us today as we cover the latest.  Feel free to email, tweet, or text in your questions, and we'll cover them live on air.  It's good to be back with you all.

See you tonight !!

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Twitter: @briguytrading | @breakingbriefs

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