Gold

I pointed out a few days ago when Gold was at 598.50 that it was a short setup. As you can see that trade has a $21/ounce or slightly over $2,000 per contract gain. For anyone who took this trade the stops can be placed at the red lines depending on your level of aggressiveness.

Taking partial profits here would also be prudent if you have multiple contracts. For me the stop is at break even on remaining contracts at this point, $598.