Golden break out

Two days we laid out our short term gold logic (here and here). The squeeze is huge and the shiny metal is taking out several big levels. Note we are well above the 100 day, something not seen in a very long time. 200 day is just above the 1800 level. Let's see if it reaches that level or not. A few days ago we pointed out how to play gold and we wrote: "...call spreads look attractive for the ones looking to play the gold break out from here". Make sure to roll up those strikes in order to maximize optionality...