One trader thinks gold is headed to break through its current range, and he plans to capitalize on the potential gain.
With the Fed holding short-term interest rates at low levels, and uncertainty swirling regarding the outcome of the presidential election, "gold can continue to push higher," predicts Todd Gordon of TradingAnalysis.com.
The ETF tracking gold, GLD, fell into a range during the summer months, but Gordon said Monday on CNBC's "Trading Nation" that "it looks like we should be able to break the range and continue through the top side."