With Goldman Sachs' bearish note on Gold, the put trade for GLD, and or IAU mentioned last week looks like it still has a chance to be put into motion. Of course, we have to wait until there is a confirmation close below $150.00 as mentioned in a previous post. A positive to this is that the put prices are a week's worth less in time value than when the trade alert happened. We'll see.....
*** This should be considered just information and opinions. Use your own Due Diligence before trading or investing.***
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