A million-dollar gold bear emerges ahead of the Fed decision

Someone sold upside call exposure in the SPDR Gold ETF (GLD) while simultaneously buying downside put exposure in a two-pronged trade.

# A million-dollar gold bear emerges ahead of the Fed decision Someone sold upside call exposure in the SPDR Gold ETF (GLD) while simultaneously buying downside put exposure in a two-pronged trade. **Read the full article:** [CNBC](https://www.cnbc.com/2026/04/29/a-million-dollar-gold-bear-emerges-ahead-of-the-fed-decision.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*