This week’s rally has been relatively gentle, but notice that it has exceeded two ‘external’ peaks on the daily chart (see inset). They can both be used as hooks to set up a relatively low-risk ‘camouflage’ entry from these levels. Ask in the chat room if you need guidance in real time, since there are apt to be a half-dozen or more regulars in there who know how such trades work. The rally has shortened the odds that August Gold will eventually reach a 1382.80 target that has been in play since February. Judging from the pitch of the thrust since June 7, hitting p2=1335.40 looks like a lead-pipe cinch.
