English version： U.S. Dollar: 102.1–101.6 Is the Key Range On October 8, the U.S. Dollar Index rallied but failed to break above its previous high before pulling back, closing the day with a bearish candle featuring a long upper wick. In my view, near-term upward momentum has weakened somewhat. For October 9, my initial focus is on the 102.1–101.6 range. If the index continues to struggle to break decisively above resistance, a pullback in the dollar could provide support for gold.$美元指数(USDindex.FOREX)$ Gold: The Intraday Bias Remains Bullish as Long as 4,130 Holds Gold traded within a roughly $40 range on October 8, with repeated intraday swings as buyers and sellers battled for control. Nevertheless, the daily candle cl

🥇 Part 1: My Gold Wheel Strategy — Selling Cash-Secured Puts and Covered Calls on Gold 🐶 My Options Puppy Approach to Gold 🐶 I have always liked the idea of using options not only to speculate, but also to generate income while waiting to own an asset at a price I am comfortable with. For gold, one of the instruments I can use for this strategy is the iShares Gold Trust, or IAU. Instead of simply buying IAU and waiting for the price to rise, I can use the Wheel Strategy to potentially collect option premium along the way. 💰 My basic idea is simple: sell a cash-secured put when I am willing to buy IAU, and if I eventually get assigned the shares, sell covered calls while I hold them. If the shares are called away, I can potentially start the process again by selling another cash-secured put