Consider buying a call option on December Comex gold futures.
See on the daily bar chart for December gold futures that prices are in a solid three-month-old uptrend and just last week hit a fresh seven-month high. The bulls are in firm near-term technical command and the path of least resistance for gold prices remains sideways to higher. Recent geopolitical developments (namely turmoil in the Middle East and in the European Union) are also a bullish underlying factor for the safe-haven gold market. Consider buying a call option on December Comex gold futures, with an upside price objective of $1,850.00, or above. The option expires in late November.
