$SPDR Gold Shares(GLD.US) should oscillate and see volatility decline within the 4700-5200 range in the short term, then slowly go long call as volatility comes down. At least for a period longer than 6 months. If there's a sudden bearish signal causing a sharp drop, it's suitable to go all in around 4200. Remember, the world's central banks are providing a backstop for you.

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