Price action Monday night was about as subtly promising as it gets.  Notice in the accompanying chart how the modest after-hours rally has taken the futures above two prior peaks, one of them “external.”  The high print at 1138.60 was just a tick above the external peak (#2), but the pullback that has followed is just sufficient for us to infer that traders are reading a double top here rather than a breakout.  This could set up a nice camouflage entry opportunity along the lines shown.  This is obviously expert play, but I’d suggest treating it as a team effort in the chat room if things play out in a way that approximates my drawing. _______ UPDATE 1:47 p.m. EST):  This one played out close to the way I’d sketched it in the chart, but perhaps not close enough.  Pivoteers would have found it difficult to pull the trigger at ‘X’ because the B-C pullback was not sufficient.  Strictly speaking, the pullback need to hit 1134.30 to equal 0.618 of k-A; the actual low was 1136.00.  However, there was still a trade to be initiated by-the-numbers if you used a different, and arguably legitimate,  k-A segment — i.e., the pullback from 1137.00 (Hourly chart, 4/19, 5:15 p.m. EST) to 1134.00 (7 p.m.).  If there was a question about which of the two patterns to take seriously, you could simply have entered at the ‘X’ of either and let time be your stop-loss.  In this case, take-off was so swift and decisive at 4 a.m. that you could not have lost. _______ UPDATE 4:58PM EST: I took pains this morning in the touts section of Rick’s Picks to explain how we might exploit a potentially tradable development in June Gold. Although the opportunity did not pan out exactly as we’d hoped, it came close. I have analyzed the trade in detail in this 10-minute recording.