Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Gold SPDR (GLD) Trading Near $124.67 Support Level

Mar 14, 2018 ( via COMTEX) --

After Mar 13, 2018aEUR(TM)s trading in Gold SPDR (<a href="">GLD</a>) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 2.14% or 8.40% (for comparison purposes only), while providing 2.70% downside protection. The trade is a Jun 15, 2018 covered call at the $125 level for a net debit of about $122.37. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $124.67 and $126.55, respectively.

(C) Copyright 2018, All rights reserved.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 62.25
Nat Gas 2.696
Corn 382 6/8
Cotton #2 82.85
Gold 1313.9
Copper 3.1125
Euro 1.22920
USD Index 90.212
SP500 E-mini 2755.50
DJIA E-mini 24965