Steve O’Hare, of PIA-First, explains in a technical analysis of charts why he is trading gold.


This trade idea sees O'Hare setting a short at current levels and on a rally in front of $1,340/oz. He has a stop at $1,345 and his targets are $1,300 and $1,285.

O'Hare’s technical analysis of a selected trade is featured every Thursday on Trading Floor.