Volatility is coiled - Bollinger Bands have retreated into the Keltner Bands Trend is flat to down on the weekly, daily and hourly chart looking at the 200 EMA 20EMA crossed down over the 50EMA Price retraced to 20EMA
My suggestions: 1. Sell Calls 2. Buy Puts (if the premium is there) 3. Sell Spreads 4. Buy 3X ETF and buy a put to make a collar
There will probably be another piece of news that the trade deal will get better and gold will get smashed down.
Note
50 EMA and 200 EMA just touched which means it's a potential death-cross. Time to buy a straddle if you're not sure where it's going....but it's going!
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