Has Gold Bottomed Out?
Gold surged on Friday after suffering sharp losses since the Iran war, and the question on everyone's mind is: has gold bottomed out? Gold is down more than 17% from its highs, and current positioning has become much less crowded. Implied volatility on gold puts is now higher than calls (which is extremely rare for gold)
Gold surged on Friday after suffering sharp losses since the Iran war, and the question on everyone's mind is: has gold bottomed out?
Gold is down more than 17% from its highs, and current positioning has become much less crowded. Implied volatility on gold puts is now higher than calls (which is extremely rare for gold).
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