B – Gold Base Breakout Setup

Reasoning:

• []Base building for several weeks within a strong gold trend
  []Relative strength improving while market consolidates
  
• Potential Stage 2 continuation pattern forming
  

Swing Traders (2-6 Week Holds)

• Buying rule : Watch out for a buy stop, this helps avoid fake moves!
  
• Entry: Full position on breakout
  
• Profit Taking: Sell 1/3 at Goal 1
  
• Final Exit: Remainder at Goal 2
  
• If there is a goal 3. (You can sell 30% on G1, 30%, on G2, 40% on G3)
  

Selling is done partially because we never know what is going to happen, so sell as money goes in your favor - Mark Douglas