Gold has a history of outperforming during a market correction. The recent selling period is another example of this historical trend. Part of the reason is that gold’s selling is primarily a result of dollar strength and not the loss of value that stocks experience. On Tuesday, gold futures finished 0.17% higher while the S&P 500 finished 2.78% lower. As SPDR Gold Trust ETF (NYSEARCA: GLD) share price cozies up to its 50-day moving, the option market is looking more bullish.
Since the selloff in March, the price has been bouncing off the 50-day simple moving average following its c...
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