Consider buying a call option on April Comex gold futures.
See on the daily bar chart for April Comex gold futures that prices have made a rebound from the January low. There are early clues that some fresh speculative money is starting to flow into the long side of the raw commodity futures markets, and gold would also benefit if the speculative money continues to flow in. Gold also holds “safe-haven” asset status and any unexpected geopolitical or major economic development would likely be gold-market bullish. The longer-term price trend in gold remains solidly up. Consider buying a call option on April Comex gold futures, with an upside price objective of $1,750.00, or above. The option expires in late March.
