Commodity Accelerator Note
Target hit, but holding for now... 500% gains are close!
B 0.00%↑ target hit. My limit sell order on this spread is $4 (which as of this writing does not look like the market will give me). I’m expecting another 10% in upward gold price in the short term. I will likely look to close the trade up there.
Gold chart…
Considering the Barrick trade as a single leveraged trade, we will have made around 540% profit (B moved 135% in that time). That’s 4x leverage!
Cheers!
The information provided is for educational and informational purposes only and should not be construed as investment advice. All investments carry risk, and past performance is not a guarantee of future results. Trading options involves a high degree of risk and is not suitable for all investors.