Many have theorised in the last few weeks that Gold may/should move higher or lower.
There is a third option of couse. It stays stagnant until it doesn't.
I say this because both potential upside and downside favorable periods are being wasted recently.
The upside imo is limited for now due to the unfavorable put/call ratios and the downside due to the recent
other markets turmoil and the International problems in Asia.
Thankfully options expirations will be over by 1/26.
Perhaps now that I have said that, Gold's price action proves me wrong. I do hope so.
-tria
Edited by tria, 21 January 2016 - 08:47 AM.