Tag Archives: Precious metals

A.M. Look 5/7/13

Posted on 05/07/2013

AUD/USD…101.15 is the next level technical level with stops below. The macro pivot of 102.15-25 does not change. This is the level to sell rallies against to manage risk. EUR/AUD…128.92 is last weeks high and now becomes minor short term … Continue reading →

A.M. Look 4/12/13

Posted on 04/12/2013

Spu’s…sustaining below 1581 is needed for short term directional change. Sell the SSO on a 1580.25 Spu print. (app 74.80 SSO). 30 yr. Bonds…I don’t think you want to see them over 147.02 again, however we’ll use a 147.20 stop … Continue reading →

Precious Metals

Posted on 04/02/2013

Silver…the first downside tgt is 27.05 +- a couple. This is a cover your shorts zone the first time down. Gold…the next set of minor sell stops are under 1574.50. The macro stops are under 1555.

A.M. Look 3/4/13

Posted on 03/04/2013

Spu’s…need sustained and closing price action under 1500+-  “Friday’s Lows for lower” AUD/JPY…94.40-50 is the pivot and the weekly support. USD/CAD…103.50 seems to be the next closing barrier. macro stops are a figure away @ 104.50 AUD/USD…as long as there … Continue reading →

A.M. Look 2/20/13

Posted on 02/20/2013

Oil…(H) March expires today. April needs all new price action over 98.15 ish for higher. Buying strength above 97.50 is not recommended. EUR/GBP…87.70 is half way back for the past 6 years. GBP/USD…qtrly sell stops are app 152.30-15. 152.80 is … Continue reading →

A.M. Look 2/14/13

Posted on 02/14/2013

Euro…132.70 looks to be overextended the first time down. EUR/JPY…123.85 is mvg avg support. Only maintaining and closing below this level will lead to more profit taking in the cross. EUR/AUD…anything below 128.45 will be trap territory the first time … Continue reading →

A.M. Look 2/5/13

Posted on 02/05/2013

EUR/GBP…85.50 support… 87.70 resistance Oil…95.90-9600 is closing support. 98.25 is the upside resistance and breakout. Yen…107.34 is the ORL #. Price action around this level will telling. precious metals…appear to be winding up for another move. We think it will … Continue reading →

Silver…Trade Alert!

Posted on 01/24/2013

We’re going to go short Silver via Buying the 30.50 H puts for 31 cents.

Metals & Miners….Food for Thought

Posted on 01/15/2013

The Gold and Silver are attempting to confirm higher. Some of the names might be much better plays (depending on your proclivities) via call spreads or direct long positions versus outright’s in the metals AGQ…double long Silver…the 200 day is … Continue reading →

A.M. Look 1/10/13

Posted on 01/10/2013

Oil…94.56-80 is resistance. 95.25 ish is next. Only a couple of closes over this level will confirm more up. Aussie Futures…105.33-44 is resistance with this being a pivotal level for more upside. AUD/USD…105.87 was the Dec. high. We need to … Continue reading →