Tag Archives: Gold
A.M. Look 4/22/13
30 yr. Bonds…a close above 148.10 is needed for any attempt higher. 147.12 is Point & Figure support. Spu’s…1563 +- a couple is the qtrly pivot and short-term resistance. Nasd 100…2793 is the near resistance. 2800-10 remains our macro qtrly … Continue reading
A.M. Look 4/18/21
Oil…May (K) expires Monday, June (M) will be come the new front month. The June’s are trading app 30 cents over the May. AUD/JPY…needs a close under 99.85 for Risk Off and over 102.10 for Risk On. General Comments or … Continue reading
A.M. Look 4/16/13
Spu’s…need to maintain over 1556.50, yesterday’s break down level, to reverse up. Spu’s need to go 1548 sellers again and remain offered to achieve the 1530 1st macro support. 30 yr Bonds…147.18-21 will remain pivotal. This instrument still needs closing … Continue reading
A.M. Look 4/15/13
Gold…has hit our downside extreme just shy of 1380. Silver…22.65-75 is a 12 year retrace level that can bounce, however the better level to buy Silver is around 21.50. USD/JPY…97.50 is first dollar support ( app 102.45 ish in the … Continue reading
Punt of the Month…Precious Metals Trade Alert!!!
The Metals are panic selling central…This is another situational trade.. Good For Today Only!!! Gold…@ 1430 (M) GOLD we are going to Buy a 15% position in 1500 June Calls Expiring 5/28/13 Silver…@ 24.60 (K) SILVER we are Buying a … Continue reading
A.M. Look 4/8/13
EUR/JPY…128.60 ish can reject the first time up. As long as this remains over 126 we’re looking for a test of 132 , however 128.60 is our first tgt level from the 123.30 weekly breakout when we said this could … Continue reading
A.M. look 4/7/13
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 4/6/13
Spu’s…592.50-593.30 is support. Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to … Continue reading
A.M. Look 4/5/13
EUR/JPY…there are resting but stops @ 126.07. 123.89 becomes the weekly hold level on any retrace. AUD/JPY…shows the same pattern with 99.44-60 being the key hold level. CAD/JPY…97.00 is resistance and the next closing hurdle for higher. GBP/JPY…do not fade … Continue reading