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Trading gold volatility with options

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 4, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Gold had a busy time last week, it opened at $1,215.69 an ounce last Monday to then rally to $1242.93 on Tuesday, and it then tested a low of $1,208.88 on Friday. The performance of this shiny metal has been subdued over the past weeks compared to the beginning of the year. From January 4th it jumped nearly 19% in the space of 6 weeks, when in it touched $1,263.63. Since then it tested a new most recent high on March 10th at $1,273.29 but has been trading in a zig zag pattern to the downside.

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