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.

We invite you to join the thousands of other Zaner clients that have enjoyed our services.  Click here to learn how to open an account with Zaner.

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.


Posted on 7/27/2016 7:12:21 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

 


Posted on 7/27/2016 7:12:06 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

 


Posted on 7/20/2016 6:51:13 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

 


Gold Options Play: Gold Is Just Starting

Posted on 7/15/2016 7:13:12 PM 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 Is Just Starting 

Gold Prices Are Shining Bright This Year And Its Looking Like This Could Be A Long Term Trend.

 

Fundamentally,Gold prices have made a significant rally this year so far, getting catapulted past $1300/ounce on Brexit and other safe haven buying. This is the first time since April of 2014 that Gold prices have looked this strong. Many believe for the long haul there is no better trade or investment.

When markets across the globe come to terms that Central Bank intervention is artificial prices could really take off in Gold. How long can bail outs and zero percent rates go 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).

On the daily chart below the trend is up in Gold as the 10 day SMA has crossed up and over the 20 day SMA as both indicators point higher on fairly sharp angles and the market is using the 20 day has support.

 

 

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:

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 7/13/2016 7:12:30 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

 


Posted on 7/6/2016 6:37:14 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

 


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