Up nearly 9% in June alone, a lot of the bullish action in gold has taken place recently. Here’s a trade to profit if gold keeps rising.
Here’s a trade that’s more focused on growth potential than yield.
In an often-overlooked sector, it may be about to take off.
If you believe the Fed will keep a lid on volatility, you can make a similar trade.
For a conservative bet there isn’t a lot of downside risk.
If you want a long-term, safe income play, this is a decent way to do it.
I believe it’s a shrewd trade.
In short, if you utilize both buying and selling, it’s easier to get to some sort of risk/reward tradeoff that suits your personal trading style.
I wouldn’t make a habit out of trade like this, but doing a small amount in a situation like this will likely work out in the short-term.
With an earnings report due the first week of May, this is a big bullish bet.