I Called This One Wednesday. Today It Ran 7%.

I put out a video on Newmont yesterday and sent it to you.

In it, I said the path of least resistance was higher.

Today it traded above $113 a share…

Look at the volume profile down the right side of that chart. Those bars show how much traded at each price.

Down around 95 and 100 they're fat. That's where everybody bought, everybody argued, and price ground sideways for months.

Now look above 113. Thin the whole way up toward 120.

Nobody accumulated up there, so nobody's stuck waiting to get out at breakeven, and there's nothing overhead to slow it down. When a stock clears the last fat shelf into air like that, it doesn't walk. It runs.

It blew through my first target at the 200-day and past the 107 I was watching.

My members closed calls for around 175%.

And gold looks like it's just getting started. I believe that. I took the money anyway.

When you're a short term trader and the market hands you that in 1-2 days, you don't sit there doing math on how much more you might get.

Go pull a volume profile on something you're already watching. Find where the fat bars stop.

That one read tells you how fast a move is going to go, and fast changes everything about how you size it.

Rock On,

Voz

P.S. Trade to Close members got the options trade to go with this idea. And as I mentioned above, many of them got triple-digit gains. If you want to trade with me, I’ve made it super easy, and basically risk free. Check out the details here.