Short AU/ BUY 10/20/23 18 PUTS
Gold is always an emotional play when there is geopolitical strife. But no trade fades faster than gold bullishness on war. Technical moves in gold are the ones that matter and as of now the gold commodity and gold stocks are technically still breaking down. Use today’s short squeeze in Anglo Gold to buy puts. AU is up 4 days in a row and a whopping 8% today. 1 Star trade last half hour.