Gold Triple Top Price Collapse Soon!!

Looks like buyers are in now, Go GOLD!!!

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1780713>

 

Scaled out of trade just under +$7

1/3 position left on expecting re-test of highs

 

Being careful here with a potential of a DT, watching a cluster of TLs & histogram for a reversal pattern

hehe, DT traders squeeeeeeeeeeeeezed

 

1/3 +$9 & change and reversed position for Short, current $901-902, stop near a buck considering this is an unconfirmed DT.

Looks wedgy

 

Scaled out for just under $2 gain

 

Scaled out 1/3 near enough break even

 

Re-entered short of a pennantish price action + confirming indicator, expecting a breakdown, stop little over a buck

 

Scaled out 2/3 +$2 and change

 

Stopped out on 1/3 for a tiny gain, it bounced strongly.

Does look strong here