April 2nd, referred to as "Liberation Day" by President Trump, is the day he plans to announce new tariffs on imports from various countries, aiming to reduce reliance on foreign goods. The specific details of these tariffs are still unclear, but they are expected to impact a wide range of products. Gold has been on a face-ripping vertical rally up into this news on expectations that this will be big news, but it's pre-announced which means it's a clear sell the news event. I am going to buy 0DTE puts on gold at the market open on April 2nd and sell them before the close.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.