8:00 am EST markets of interest current prices
Gold 1677.5
Silver 3180
Euro 13565
Oil 9680
Dow 13937
ECB press conference in 30 minutes-I will update the prices later on BE CAREFUL!
I mentioned that I enjoy trading live cattle and lean hogs, the above chart is April live cattle. As you can see, meat prices have been on a steady incline for the past year now. This chart shows a nice horizontal support just above 130. The high registered back in December was above 137 and we currently sit just above 131. The cattle market is seeing a tightening supply from the drought last year and it was just released last week that the US cattle market is the tightest since 1952.
Each 1 pt move = 400 US dollars. If you are accustomed to taking risks in currency and metals, you may want to take a look at Live Cattle.
Have a Great Day and hope to see you all later!
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