Technical Signal for Options Traders

Precious metals are on fire again, with gold up more than $80 an ounce recently and silver topping $33. Crude oil is a bit higher, stocks are modestly lower, and Treasuries are flat. The dollar continues to get dumped.

The Ford Motor Co. (F) calls I recommended look even stronger than I initially suspected. Great. In the run up to the big tariff announcement, F traded well above $10 roughly every other day in the last five-to-six weeks. So, there’s plenty of historical precedent that we can hit that price again at least once in the coming month, writes Hilary Kramer, editor of High-Octane Trader.

With the recent correction, silver prices have become quite attractive. Not only that, but silver premiums are quite low right now. The normal range is around 12%-15% above spot, and that can be had currently, though mostly at the higher end of that range, highlights Peter Krauth, editor of Silver Stock Investor.

Last week was a nasty one for the market, and while some holdings fared better than others, there was definitely some bloodshed in the portfolio. But I still like Agnico Eagle Mines Ltd. (AEM), writes Clif Droke, editor of Cabot Turnaround Letter.

A change in the monetary system presages a commodity bull market. Not only gold, but commodities generally will likely respond positively to what’s underway, advises Adrian Day, editor of Global Analyst.

Gold started the new quarter hitting fresh record highs, following a massive first quarter during which it rallied 19% and broke lots of milestones, including surpassing the $3,000 mark. Later in the week, there is a chance for gold to at least pause for a breather – especially if President Trump opts for a softer stance on tariffs, opines Fawad Razaqzada, technical analyst at Trading Candles.

Most investors chase AI, semiconductors, and the latest crypto buzz. But one of the most explosive trades of the year is hiding in plain sight. That trade? Copper, writes Nicholas Vardy, editor of The Global Guru.

I’m back behind my desk after participating in the Swiss Mining Institute’s March Conference. While gold may be at the start of a mild near-term correction after becoming overbought, silver is looking less overbought and may hold up, advises Peter Krauth, editor of Silver Stock Investor.

Gold just dropped more than $40 in price from last week’s high. The gold bug reaction? A collective yawn. Meanwhile, every previous instance of gold’s RSI peaking above 70 has presaged a price correction and, with the exception of the post-election correction, the pause in the rally has been brief, notes Brien Lundin, executive editor of Gold Newsletter.

A short-term buy signal for the S&P 500 (SPX) was triggered at Friday’s close: The “oscillator differential” buy signal. This occurs when the two breadth oscillators, which had spread far apart in recent weeks, come back within 200 points of each other, highlights Lawrence McMillan, editor at Option Strategist.

It’s been a remarkable run to the historic $3,000 level in gold...but it hasn’t been quite as carefree as the charts might show. It’s often said that “A bull market climbs a wall of worry” but this gold bull has seemingly climbed a “cliff of concern” amongst oft-beaten gold investors. Now, start your due diligence on the best of the junior mining stocks, advises Brien Lundin, executive editor of Gold Newsletter.

It has been a wild month, pretty much across the board. The stock market has been volatile along with the economy and consumer sentiment. The end results are uncertainty and downward pressure. But silver is ready to shine brightly, write Mary Anne and Pamela Aden, editors of The Aden Forecast.