Gold's rally this month looks like the real deal, capable of achieving significantly higher highs. Here's one way to play it with options

 

Rick’s Picks trading ‘touts’ are for educational purposes only. Past performance is no guarantee of future performance. (See full disclaimer at https://www.rickackerman.com/)

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AUD/USD defends gains near 0.6250 ahead of Bullock's presser

AUD/USD defends gains near 0.6250 ahead of Bullock's presser

AUD/USD is off the highs, defending gains near 0.6250 in Tuesday's Asian trading. The pair advanced after the Reserve Bank of Australia (RBA) warranted caution on the inflation outlook while maintaining the key rate at 4.1%. However, buyers remain reluctant ahead of Governor Bullock's presser and looming US tariffs. 

AUD/USD News
Gold stands tall as tariff jitters outweigh overbought conditions

Gold stands tall as tariff jitters outweigh overbought conditions

Gold price closes in on the $3,150 psychological mark in Asian trading on Tuesday, extending its record rally. Gold buyers eagerly await the US announcement of “reciprocal tariffs” on Wednesday for a fresh directional impetus. In the meantime, tariff updates and top-tier US data will likely keep them entertained.

Gold News
USD/JPY trades on the backfoot below 150.00 amid trade war fears

USD/JPY trades on the backfoot below 150.00 amid trade war fears

USD/JPY edges lower in the Asian session on Tuesday as hawkish BoJ expectations continue to offer some support to the Japanese Yen. Subdued US Dollar price action weighs on the pair. Concerns over Trump's tariffs and its impact on the global economic growth remain a drag on the pair. 

USD/JPY News
Ethereum: Short-term holders spark $400 million in realized losses, staking flows surge

Ethereum: Short-term holders spark $400 million in realized losses, staking flows surge

Ethereum bounced off the $1,800 support on Monday following increased selling pressure from short-term holders and tensions surrounding President Donald Trump's reciprocal tariff kick-off on April 2.

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US: Trump's 'Liberation day' – What to expect?

US: Trump's 'Liberation day' – What to expect?

Trump has so far enacted tariff changes that have lifted the trade-weighted average tariff rate on all US imports by around 5.5-6.0%-points. While re-rerouting of trade will decrease the effectiveness of tariffs over time, the current level is already close to the highest since the second world war. 

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The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

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