Gold Futures Slightly Lower


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


June Gold futures are trading lower by $1.90 at $1235.60 in Wednesday's session. The rally from Tuesday's session found resistance just above Tuesday's high ($1245.20), reaching 1246.80 in the after-hours session before turning lower.The ensuing decline has found intra-day support at $1232.20, but has struggled to stay green for the day, peaking just above the close at $1238.40.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: FuturesTechnicalsCommoditiesIntraday UpdateMarketsTrading Ideas