June Gold Futures Fail To Rebound - SPDR Gold Trust (ARCA:GLD)

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 at $1222.80 per ounce in Thursday's session. After tumbling from Monday's close ($1251.60) to $1223.80 on Wednesday, the buillion has been unable to hold onto some early gains.It has made a few moves over $1230, with the current high standing at $1234.50, but has quickly fallen back into the $1220 handle. At this time, it has found intraday support ahead of Wednesday's low ($1217.50), with current standing at $1220.10.Also, Gold found support in this area when it made a trio of of lows back in early April at the $1216 area.

27% profit every 20 days?

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