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Buying Gold Using Out of the Money Puts

Discussion in 'Education, Tutorials & Courses' started by FXStreet_Team, Feb 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    After languishing in a down trend for almost five years, the price of gold has shown some strong signs of life in the last few weeks. On February 12, it settled at a price that was over 17% higher than at the beginning of 2016. Here is the chart of GLD, the Exchange-traded Fund that tracks the price of gold, as of February 12: If we believed that gold was likely to continue the new uptrend that it appears to have started, we would want to find a good entry point to buy. Buying now at the

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