Gold Futures Update

News & commentary on Gold futures and Metal Futures markets including gold, silver, high grade copper, platinum & more.

Gold Futures Update is a blog dedicated to bringing updates, news and commentary on gold futures and metal futures markets including gold, silver, high grade copper, platinum and more.

This blog is brought to you by Zaner Group, one of America's oldest family-owned and operated futures and forex brokers.  Zaner provides a wide range of services from research and recommendations to the execution of all your futures needs.

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Futures, options and forex trading is speculative in nature and involves substantial risk of loss.  These recommendations are a solicitation for entering into derivatives transactions.  All known news and events have already been factored into the price of the underlying derivatives discussed.  From time to time persons affiliated with Zaner, or its associated companies, may have positions in recommended and other derivatives.


Precious Metals Option Play: Gold, Silver Break Lower

Posted on 8/25/2016 7:57:12 AM by: Matt McKinney, Market Strategist @ Zaner. 312-277-0115.

Direct-312-277-0115, http://www.mmckinneyfutures.com/

TRADING COMMODITY FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS.

 

 

Precious Metals Option Play: Gold, Silver Break Lower

In Anticipation Of A Stronger USD Due To The Expectation Of A FED Rate Hike, Gold Is Testing The Bottom Of The Range And Silver Broke Out To The Downside.

Fundamentally, traders seem to be anticipating a stronger USD Index due to the possibility of a FED rate hike in the coming days. With all eyes on Jackson Hole and Janet Yellen Gold is testing support and the bottom of the range while Silver broke out to the downside.

Oddly enough the technical trend in the USD Index is still down. I'm very leery of the FED normalizing and causing metals to slide significantly. That's not to say that the FED wont raise rates a quarter of a basis point here and there, but that's nominal. Nonetheless, Silver is breaking lower and if Gold breaches downside support the slide could be on.

I believe that its going to take more than just a quarter of point hike to cause the trend in the USD Index to just reverse and head higher, for Gold to breach downside support, and for the Silver to continue lower. In the end, the move lower here in Silver could look like a "head fake". However, it's important to be positioned for a bearish and a bullish move

Technically, on the daily chart below I have placed my favorite technical indicators. I call this combination of indicators the "10/20/50/BB/ Trend Finder" strategy. They are the 10 day Simple Moving Average (SMA, red line), the 20 day Simple Moving Average (SMA, green line), and the 50 day Simple Moving Average (SMA, royal blue line). I have also added the Bollinger Bands (BB's, light blue shaded area) and Candlesticks (red and green bars with the wicks).

 

FOR GOLD-SILVER-COINS-BULLION: https://zanerpreciousmetals.com/?affliated=mckinney

 

 

On the daily Gold chart above the market is now in a PRINCIPAL trend lower as the 10 day SMA has crossed down and under the 20 day SMA as the market uses the 10 day SMA as its upside resistance. However, for the trend to continue down the market must take out the previous lows of about $1315/ounce.

 

 

On the daily Silver chart above the market has broke out to the downside and is now in a PRINCIPAL trend lower indicated by the fact that the 10 day SMA has crossed down and under the 20 day SMA and the market is trading below the 10 day using the 10 day as its upside resistance.

 

I figured this out by placing my favorite indicators on the charts and studying them which I found at: http://www.markethead.com/2.0/free_trial.asp?ap=mmckinne, which is a web application that we have developed for our clients called MARKETHEAD where I get about 80% of all my research from. That means I get both technical and fundamental research from this web app and I am a veteran series 3 Broker of 18 years. So if I'm using it then maybe my readers should check it out. Yes?

 

 

Gold Option Play:

A potential play here could to buy a bull call spread and for every three spreads buy one put as a hedge in case the trend changes to down. For exact details on a potential strategy including risk, months, expiration dates, strike prices, and number of positions feel free to contact me at 312-277-0115 ormmckinney@zaner.com.

 

CME Options On Futures: The Basics: http://www.zaner.com/offers/?page=9&ap=mmckinne

 

FREE QUOTE- "Opportunity is missed by most people because its dressed in overalls and looks like work." -Thomas Edison

 

 

FUTURES, OPTIONS AND FOREX TRADING IS SPECULATIVE IN NATURE AND INVOLVES SUBSTANTIAL RISK OF LOSS. THESE RECOMMENDATIONS ARE A SOLICITATION FOR ENTERING INTO DERIVATIVES TRANSACTIONS. ALL KNOWN NEWS AND EVENTS HAVE ALREADY BEEN FACTORED INTO THE PRICE OF THE UNDERLYING DERIVATIVES DISCUSSED. FROM TIME TO TIME PERSONS AFFILIATED WITH ZANER, OR ITS ASSOCIATED COMPANIES, MAY HAVE POSITIONS IN RECOMMENDED AND OTHER DERIVATIVES.

FOR CUSTOMERS TRADING OPTIONS, THESE FUTURES CHARTS ARE PRESENTED FOR INFORMATIONAL PURPOSES ONLY. THEY ARE INTENDED TO SHOW HOW INVESTING IN OPTIONS CAN DEPEND ON THE UNDERDLYING FUTURES PRICES; SPECIFICALLY, WHETHER OR NOT AN OPTION PURCHASER IS BUYING AN IN-THE-MONEY, AT-THE-MONEY, OR OUT-OF-THE MONEY OPTION. FURTHERMORE, THE PURCHASER WILL BE ABLE TO DETERMINE WHETHER OR NOT TO EXERCISE HIS RIGHT ON AN OPTION DEPENDING ON HOW THE OPTION'S STICKE PRICE COMPARES TO THE UNDERLYING FUTURE'S PRICE. THE FUTURES CHARTS ARE NOT INTENDED TO IMPLY THAT OPTION PRICES MOVE IN TANDEM WITH FUTURES PRICES. IN FACT OPTIONS PRICES MAY ONLY MOVE A LITTLE.

THE LIMITED RISK CHARACTERISTIC OF OPTIONS REFERS TO LONG OPTIONS ONLY AND REFERS TO THE AMOUNT OF THE LOSS, WHICH IS DEFINED AS THE PREMIUM PAID ON THE OPTION(S) PLUS COMMISSIONS.


Gold Options Play: Gold And Silver Ready To Go

Posted on 8/20/2016 4:10:14 AM by: Matt McKinney, Market Strategist @ Zaner. 312-277-0115.

Direct-312-277-0115, http://www.mmckinneyfutures.com/

TRADING COMMODITY FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS.

 

 

Gold Options Play: Gold And Silver Ready To Go

After A Tremendous Showing Thus Far in 2016, The Precious Metals Seem Ready To Make That Next Big Move.

 

Fundamentally, Gold and Silver prices have made a significant rally so far this year. This is the first time since April of 2014 that prices have looked this strong. Many believe that for he long haul here is no better trade or investment.

Lets face it there is not much economic uncertainty right now. Recent economic data like unemployment numbers and earnings have been average to good. And with a stock market posting one new all time record high after another this summer Gold and Silver have held on impressively.

Wait until there is uncertainty, fear, or worry. In addition, the USD Index could be poised for a big slide. These are the conditions that Gold and Silver really thrive on.

Technically, on the daily chart below I have placed my favorite technical indicators. I call this combination of indicators the "10/20/50/BB/ Trend Finder" strategy. They are the 10 day Simple Moving Average (SMA, red line), the 20 day Simple Moving Average (SMA, green line), and the 50 day Simple Moving Average (SMA, royal blue line). I have also added the Bollinger Bands (BB's, light blue shaded area) and Candlesticks (red and green bars with the wicks).

 

FOR GOLD-SILVER-COINS-BULLION: https://zanerpreciousmetals.com/?affliated=mckinney

 

 

On the daily Gold chart above the market is in a range bound consolidation mode. This is indicated by the fact that the BBs, the 10 day SMA, and the 20 day SMA are all pointing sideways.

 

On the daily Silver chart above the market is in a rang bound consolidation mode much like the Gold, However the Silver market has pulled down to the support of the 50 day SMA. This support should hold and the market should bounce here.

 

I figured this out by placing my favorite indicators on the charts and studying them which I found at: http://www.markethead.com/2.0/free_trial.asp?ap=mmckinne, which is a web application that we have developed for our clients called MARKETHEAD where I get about 80% of all my research from. That means I get both technical and fundamental research from this web app and I am a veteran series 3 Broker of 18 years. So if I'm using it then maybe my readers should check it out. Yes?

 

 

Gold Option Play:

A potential play here could to buy a bull call spread and for every three spreads buy one put as a hedge in case the trend changes to down. For exact details on a potential strategy including risk, months, expiration dates, strike prices, and number of positions feel free to contact me at 312-277-0115 ormmckinney@zaner.com.

 

CME Options On Futures: The Basics: http://www.zaner.com/offers/?page=9&ap=mmckinne

 

FREE QUOTE- "Opportunity is missed by most people because it's dressed in overalls and looks like work." -Thomas Edison

 

 

FUTURES, OPTIONS AND FOREX TRADING IS SPECULATIVE IN NATURE AND INVOLVES SUBSTANTIAL RISK OF LOSS. THESE RECOMMENDATIONS ARE A SOLICITATION FOR ENTERING INTO DERIVATIVES TRANSACTIONS. ALL KNOWN NEWS AND EVENTS HAVE ALREADY BEEN FACTORED INTO THE PRICE OF THE UNDERLYING DERIVATIVES DISCUSSED. FROM TIME TO TIME PERSONS AFFILIATED WITH ZANER, OR ITS ASSOCIATED COMPANIES, MAY HAVE POSITIONS IN RECOMMENDED AND OTHER DERIVATIVES.

FOR CUSTOMERS TRADING OPTIONS, THESE FUTURES CHARTS ARE PRESENTED FOR INFORMATIONAL PURPOSES ONLY. THEY ARE INTENDED TO SHOW HOW INVESTING IN OPTIONS CAN DEPEND ON THE UNDERDLYING FUTURES PRICES; SPECIFICALLY, WHETHER OR NOT AN OPTION PURCHASER IS BUYING AN IN-THE-MONEY, AT-THE-MONEY, OR OUT-OF-THE MONEY OPTION. FURTHERMORE, THE PURCHASER WILL BE ABLE TO DETERMINE WHETHER OR NOT TO EXERCISE HIS RIGHT ON AN OPTION DEPENDING ON HOW THE OPTION'S STICKE PRICE COMPARES TO THE UNDERLYING FUTURE'S PRICE. THE FUTURES CHARTS ARE NOT INTENDED TO IMPLY THAT OPTION PRICES MOVE IN TANDEM WITH FUTURES PRICES. IN FACT OPTIONS PRICES MAY ONLY MOVE A LITTLE.

THE LIMITED RISK CHARACTERISTIC OF OPTIONS REFERS TO LONG OPTIONS ONLY AND REFERS TO THE AMOUNT OF THE LOSS, WHICH IS DEFINED AS THE PREMIUM PAID ON THE OPTION(S) PLUS COMMISSIONS.


Gold Options Play: Gold And Silver Ready To Go

Posted on 8/20/2016 4:09:31 AM by: Matt McKinney, Market Strategist @ Zaner. 312-277-0115.

Direct-312-277-0115, http://www.mmckinneyfutures.com/

TRADING COMMODITY FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS.

 

 

Gold Options Play: Gold And Silver Ready To Go

After A Tremendous Showing Thus Far in 2016, The Precious Metals Seem Ready To Make That Next Big Move.

 

Fundamentally, Gold and Silver prices have made a significant rally so far this year. This is the first time since April of 2014 that prices have looked this strong. Many believe that for he long haul here is no better trade or investment.

Lets face it there is not much economic uncertainty right now. Recent economic data like unemployment numbers and earnings have been average to good. And with a stock market posting one new all time record high after another this summer Gold and Silver have held on impressively.

Wait until there is uncertainty, fear, or worry. In addition, the USD Index could be poised for a big slide. These are the conditions that Gold and Silver really thrive on.

Technically, on the daily chart below I have placed my favorite technical indicators. I call this combination of indicators the "10/20/50/BB/ Trend Finder" strategy. They are the 10 day Simple Moving Average (SMA, red line), the 20 day Simple Moving Average (SMA, green line), and the 50 day Simple Moving Average (SMA, royal blue line). I have also added the Bollinger Bands (BB's, light blue shaded area) and Candlesticks (red and green bars with the wicks).

 

FOR GOLD-SILVER-COINS-BULLION: https://zanerpreciousmetals.com/?affliated=mckinney

 

 

On the daily Gold chart above the market is in a range bound consolidation mode. This is indicated by the fact that the BBs, the 10 day SMA, and the 20 day SMA are all pointing sideways.

 

On the daily Silver chart above the market is in a rang bound consolidation mode much like the Gold, However the Silver market has pulled down to the support of the 50 day SMA. This support should hold and the market should bounce here.

 

I figured this out by placing my favorite indicators on the charts and studying them which I found at: http://www.markethead.com/2.0/free_trial.asp?ap=mmckinne, which is a web application that we have developed for our clients called MARKETHEAD where I get about 80% of all my research from. That means I get both technical and fundamental research from this web app and I am a veteran series 3 Broker of 18 years. So if I'm using it then maybe my readers should check it out. Yes?

 

 

Gold Option Play:

A potential play here could to buy a bull call spread and for every three spreads buy one put as a hedge in case the trend changes to down. For exact details on a potential strategy including risk, months, expiration dates, strike prices, and number of positions feel free to contact me at 312-277-0115 ormmckinney@zaner.com.

 

CME Options On Futures: The Basics: http://www.zaner.com/offers/?page=9&ap=mmckinne

 

FREE QUOTE- "Opportunity is missed by most people because it's dressed in overalls and looks like work." -Thomas Edison

 

 

FUTURES, OPTIONS AND FOREX TRADING IS SPECULATIVE IN NATURE AND INVOLVES SUBSTANTIAL RISK OF LOSS. THESE RECOMMENDATIONS ARE A SOLICITATION FOR ENTERING INTO DERIVATIVES TRANSACTIONS. ALL KNOWN NEWS AND EVENTS HAVE ALREADY BEEN FACTORED INTO THE PRICE OF THE UNDERLYING DERIVATIVES DISCUSSED. FROM TIME TO TIME PERSONS AFFILIATED WITH ZANER, OR ITS ASSOCIATED COMPANIES, MAY HAVE POSITIONS IN RECOMMENDED AND OTHER DERIVATIVES.

FOR CUSTOMERS TRADING OPTIONS, THESE FUTURES CHARTS ARE PRESENTED FOR INFORMATIONAL PURPOSES ONLY. THEY ARE INTENDED TO SHOW HOW INVESTING IN OPTIONS CAN DEPEND ON THE UNDERDLYING FUTURES PRICES; SPECIFICALLY, WHETHER OR NOT AN OPTION PURCHASER IS BUYING AN IN-THE-MONEY, AT-THE-MONEY, OR OUT-OF-THE MONEY OPTION. FURTHERMORE, THE PURCHASER WILL BE ABLE TO DETERMINE WHETHER OR NOT TO EXERCISE HIS RIGHT ON AN OPTION DEPENDING ON HOW THE OPTION'S STICKE PRICE COMPARES TO THE UNDERLYING FUTURE'S PRICE. THE FUTURES CHARTS ARE NOT INTENDED TO IMPLY THAT OPTION PRICES MOVE IN TANDEM WITH FUTURES PRICES. IN FACT OPTIONS PRICES MAY ONLY MOVE A LITTLE.

THE LIMITED RISK CHARACTERISTIC OF OPTIONS REFERS TO LONG OPTIONS ONLY AND REFERS TO THE AMOUNT OF THE LOSS, WHICH IS DEFINED AS THE PREMIUM PAID ON THE OPTION(S) PLUS COMMISSIONS.


Posted on 8/17/2016 7:15:52 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

 


Posted on 8/17/2016 7:15:42 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

 


Posted on 8/3/2016 6:26:31 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

 


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