Gold! Will the rally continue..?

As expected, gold futures were pretty much flat before the expiry of the March 24 option series, with the only notable exception being a spike in volatility after the Fed news.

And what's going on in the options market right now?

At the moment, there aren't really any interesting portfolios that show signs of insider trading in the option market. Yes, yesterday there were some pretty significant portfolios opened in growth with an underlying asset value of around $3,000 for the May series, but the logic behind their opening was pretty standard and, in our opinion, doesn't have a lot of predictive power.