Looks like the energy sector is starting its next cycle move higher. The gold candles represent the last move starting around January. Energy sector runs in 30-50 day cycles. This could be a good move higher for a while.
Trade active:
Gush continues higher as long as OIL moves higher.
Trade active:
Wow, that was more of a pullback than I expected. You can see the dotted green lines, which I expected. With the dollar moving lower I expect another leg higher towards $53 at least.
Trade closed: target reached