Bearish Setup: Trade: Buy the GC Apr 1210-1200 Put Spread for $2.20 Risk: $220 per one-lot Reward: $780 per one-lot Breakeven: $1207.80
This trade also sets up for a great reward to risk ratio and allows a trader to be short without a stop. This trade also has a very well defined downside.
Whether bullish or bearish the potential for higher volatility can make every trade a loser regardless of whether you are eventually proven right. That is why having defined risk parameters that without costly stop slippage is necessary to manage volatility.