Investopedia15 May 2018 14:48
Precious metals tend to be the commodity segment of choice for those looking shelter against market volatility and uncertainty. Given the rising geopolitical tension, as evident by the stories that have dominated the headlines in recent days, traders will become more sensitive to headline risk, and a seemingly small story could act as catalyst for increased buying pressure in gold, silver, platinum and palladium. In this article, we take a look at the charts of three exchange-traded funds (ETFs) that are commonly used for gaining exposure to these metals and analyze how traders will look to position themselves for a move higher. (For further reading, check out: When in Doubt, Buy Precious Metals.)