gold trend geometry

Observing the Intersection of trend lines and historic supports, and whether these are places we may see a pivot in the market.

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Slowly building a position in GLD. I will expect a significant upside once we break above 1500. Holding, as this position hedges against stock positions.

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Past 1500 and entering the launchpad.

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We are very clearly in the launchpad now. Longing as we break above the downward trend line should be relatively safe, so I plan to ladder more entries there as my prior long position holds.

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Watching 1561. If we impulse off of it instead of rejecting, I will be making some more entries to my long.

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Look at the impulse. Right as prescribed

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Ill likely add more to this when 1640 breaks

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With stocks correcting I've added significantly to this position.

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See related gold ideas, continuing to ladder into gold and silver.