From The McKinney Trading Channel, http://mckinneytrading.blogspot.com

If The U.S. DOLLAR Falls From Here GOLD Could Really Pop.

MY ANALYSIS

Fundamentally, if the U.S. DOLLAR falls substantially it could ignite inflation and GOLD prices could make a new record high.
Technically, the trend is up indicated by 2 critical MA'S. Also notice how VOLUME has come back strong in 2010. See daily chart below.

BUYING OPTIONS = STAYING POWER

OPTIONS PLAY

APRIL GOLD-1141/OUNCE

OPTION EXPIRY-MARCH 25TH

BUY APRIL 1200-1250 CALL SPREADS

We also buy in a 3 to 1 ratio an outright PUT in case the market makes a MAJOR move against us.

WE ARE ALSO BUYING OPTIONS IN U.S. 30 YEAR TREASURY BONDS, GOLD, GRAINS, SOFTS, and OIL.

By Matt McKinney
The McKinney Trading Channel
http://mckinneytrading.blogspot.com

Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed. The limited risk characteristic of options refers to long options only; and refers to the amount of the loss, which is defined as premium paid on the option(s) plus commissions and fees.