Gold (XAU/USD) risk reversals fell to -0.05 today – the lowest level since May 22. Highlights demand for XAU puts outstrips demand for XAU calls in the options market. Gold one-month 25 delta risk reversals (XAU1MRR) are being paid at 0.05 XAU puts – the level last traded on May 22, vs 1.13 XAU calls on May 14. The shift from call bias to put bias as indicated by the drop in the risk reversals from 1.13 (call bias) to -0.05 (put bias) adds credence to gold’s drop to 2018 low of $1,275 and indicates the investors are likely expecting a deeper drop in metal and hence are seeking downside protection (put options). The yellow metal is seen falling to $1,240 in a week or two, according to technical studies. XAU1MRR FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BOE to stand pat this Thursday – Barclays FX Street 3 years Gold (XAU/USD) risk reversals fell to -0.05 today - the lowest level since May 22. Highlights demand for XAU puts outstrips demand for XAU calls in the options market. Gold one-month 25 delta risk reversals (XAU1MRR) are being paid at 0.05 XAU puts - the level last traded on May 22, vs 1.13 XAU calls on May 14. The shift from call bias to put bias as indicated by the drop in the risk reversals from 1.13 (call bias) to -0.05 (put bias) adds credence to gold's drop to 2018 low of $1,275 and indicates the investors are likely expecting… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
