Hi EO
We had a break out on the upper side and being bullish on gold, specially now is surely a good thing to do. I am not an expert in fundamentals. But I know, that when option volatility is on some of the lowest levels from a year in a market, some thing is going to happen. Low vola = Low range, what we had now for a certain time in the gold market and then the break out to down or up side.
Here the update with the P&F in the 5 day time frame. Absolutely no stress to trade. Only adjusting the stop loss for the future and all the put credit spreads on support gave money. Two very simple ways to trade that chart.
Have a nice Sunday
DanPickUp