BOMaster

GOLD CALL/PUT LEVELS

FX:XAUUSD   Gold/U.S. Dollar
43 3 0
Levels 1250 and 1240 for CALL and PUT opportunities
ZigaZaga PRO
2 years ago
Does the author believe that gold will remain flat for some amount of time and is writing 1250 calls and 1240 puts?
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BOMaster ZigaZaga
2 years ago
Hi Ziga, i consider these two levels as high probability levels, but of course you could take advantage of 1245 and 1242 levels.
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ZigaZaga PRO BOMaster
2 years ago
I personally think it's going to turn soon even if the majority of analysts (e.g. "non gold bugs") are bearish - I'd be more comfortable writing puts than calls if I were brave enough - might start with daily ones but tomorrow could be a big move, don't you think? What indicators do you use? I expect ATR would be good for options trading, right? Anyway, isn't gold just about at the cost of production already?
A bullish reversal in Gold
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