Gold - "Lever Up" Goldman Says
Idea for Gold:
- Today Goldman suggested a trade idea, courtesy of the bank's European strategist Bernhard Rzymelka who urges clients to "consider levered gold upside" which while attractive exposure in its own right is also cheap optionality on even lower real yields.
- "So lever up. This will probably be the best (and possibly final) party of our generation."
The trade idea is as follows: Buy Gold 6m expiry $2130 binary call @ 10% offered
I don't think they are talking their book here. This is to be faded.
- Rising gold volatility suggests a SHORT position being built by commercials.
- Rising dollar/bonds with gold won't last long, I will take the side of the dollar here.
GLHF
- DPT
- Today Goldman suggested a trade idea, courtesy of the bank's European strategist Bernhard Rzymelka who urges clients to "consider levered gold upside" which while attractive exposure in its own right is also cheap optionality on even lower real yields.
- "So lever up. This will probably be the best (and possibly final) party of our generation."
The trade idea is as follows: Buy Gold 6m expiry $2130 binary call @ 10% offered
I don't think they are talking their book here. This is to be faded.
- Rising gold volatility suggests a SHORT position being built by commercials.
- Rising dollar/bonds with gold won't last long, I will take the side of the dollar here.
GLHF
- DPT
Note
Gold volatility is suspect:Trade fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.