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

Physical Swiss Gold (SGOL) Showing Bearish Technicals

Jun 13, 2018 ( via COMTEX) --

After Jun 12, 2018aEUR(TM)s trading in Physical Swiss Gold (<a href="">SGOL</a>) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 2.18% or 7.96% (for comparison purposes only), while providing 2.31% downside protection. The trade is a Sep 21, 2018 covered call at the $125 level for a net debit of about $122.32. 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 $124.81 and $125.79, 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 63.82
Nat Gas 3.037
Corn 359
Cotton #2 87.73
Gold 1282.7
Copper 3.1355
Euro 1.15910
USD Index 94.510
SP500 E-mini 2770.75
DJIA E-mini 24986