Volatility is exploding in the markets setting up a major short squeeze in gold. We've identified a key Elliott Wave and Fibonacci support zone that's being used as a launch ramp. We put together an interesting option play that will protect us from the downside with a small profit, but yield a major profit on a rip higher.
Let Todd Gordon of TradingAnalysis.com take you through his plan for the gold.
Learn more about TradingAnalysis.com here.
Plan Your Trade, and Trade Your Plan,
Todd Gordon
