The pattern we’ve been using to trade and forecast the February contract is unorthodox, but all three coordinates — A, B and C — should be considered ‘locked’ because there are no alternatives. That implies that if and when the pullback from December 26’s record 4584.00 touches the rgeen line, it would trigger a ‘mechanical’ buy. The opportunity rates a juicy ‘8’ on a 1-10 scale, even if there can be no guarantees the rally will achieve D=5132.20. The trade would be good for at least a one-level ride, however, from x to p2. It should only be attempted by Pivoteers who are familiar with ‘camo’ triggers, since the initial risk, based on a stop-loss below ‘C’=3933.20, would be $30,000 (!) per contract.
GCG26 – Feb Gold (Last:4341.90)
