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Physical Swiss Gold (SGOL) Trading Near $128.26 Resistance Level

Feb 09, 2018 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Physical Swiss Gold (<a href="http://www.marketintelligencecenter.com/symbol/SGOL">SGOL</a>) could yield about 3.15% (9.12% annualized, for comparison purposes only) in 126 days. Pair a long position in the stock with the Jun 15, 2018 $127 call for a net debit of about $123.11. This position also has 3.45% downside protection. Physical Swiss Gold closed at $127.51 Feb 8, 2018. Technical indicators for SGOL are bearish and support and resistance have been about $126.72 and $128.26, respectively.A

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