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Physical Swiss Gold (SGOL) Trading Near $128.52 Resistance Level

Mar 13, 2018 ( via COMTEX) --

A covered call identified by's patented algorithm on Physical Swiss Gold (<a href="">SGOL</a>) could yield about 2.35% (9.16% annualized, for comparison purposes only) in 94 days. Pair a long position in the stock with the Jun 15, 2018 $128 call for a net debit of about $125.05. This position also has 2.34% downside protection. Physical Swiss Gold closed at $128.05 Mar 12, 2018. Technical indicators for SGOL are bearish and support and resistance have been about $127.16 and $128.52, respectively.A

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