Superior Profit
GC.

Gold futures broke out of resistance.

It has broken out of resistance and has given a trend following long setup at the end of Monday. In the overnight market, GC opened slightly lower and is going up now (chart is as of 8:15 AM EST).


GC 2018-12-03_20-13-19.jpg 
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Superior Profit
Those who are not regular Future/Future options traders may consider booking profit in GC call option. I am one of them. The reason I exited GC Call is as it broke below the Triangle pattern created by support/resistance memory trend lines and also it broke below Early Range Low on an intraday chart. I had a pretty good profit in the GC Call option. It could be entered overnight - and that could be used as hedge against long stock positions if one wanted (seeing the E Mini weakness in the overnight market and weakness in all global markets as well).


GC exit 2018-12-04_10-20-43.jpg 
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