Long
GOLD - Long (Option Call) from current price to 110
Huge 163 Billion unpaid Government Debt making pressure on Economy & they are weighing on Gold & Silver price. So we will see a tremendous surge Gold & Silver. On the other side Japan, China & KSA selling US bond & this putting pressure on Yield carve, and people would take Gold & Silver as safe investment & eventually this extra demand will push the price higher.
For the trade we bought (Strath) Gold December 2016, $100 call for $.60
For the trade we bought (Strath) Gold December 2016, $100 call for $.60
Note
You can check our detailed analysis on GOLD ( RandGold) in the trading room/ Executive summary link here-youtube.com/watch?v=lqrvUlhlDFI&feature=em-uploademail
Time Span: 7:30"
Trade Status: Pending
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.