Gold prices are looking to book a third-straight trading session as investors test key technical price resistance at $1,315 an ounce. Aurum Options Strategies principal Tom Vitiello tells TheStreet’s Joe Deaux that traders who have been shorting the yellow metal are witnessing price increases from investors making safe-haven bets that Ukraine tensions will worsen. The price is hovering near the 200-day moving average, and Vitiello says investors may want to avoid new positions right now.
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