Israel has made a heavyweight announcement! The price of Gold has suddenly dropped by 16 dollars. How to Trade Gold?

During the Monday New York trading session, spot Gold experienced a dramatic drop, resulting in the price of Gold closing on Monday with most of the day's gains erased. FXStreet Analyst Christian Borjon Valencia pointed out that the Relative Strength Index (RSI) fell below the neutral line, indicating that sellers are in control of the situation.

FX16808:38

Gold Steadies as Traders Look to Final Fed Meeting of the Year

Yahoo Finance07:58

GLD ETF Gains 0.2%

Dow Jones05:35

SPDR Gold ETF Options Spot-On: On December 16th, 154.27K Contracts Were Traded, With 3.16 Million Open Interest

On December 16th ET, $SPDR Gold ETF(GLD.US)$ had active options trading, with a total trading volume of 154.27K options for the day, of which put options accounted for 49.61% of the total

Futu News05:30

Gold Steadies After Two Losing Sessions as Dollar and Yields Ease

MT NewswiresDec 16 22:15

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Federal Reserve Policy Meeting

MT NewswiresDec 16 21:22