Missed the bulk of the move. I should have gotten back in like I said. Why didn't I? Based on my limited understanding (much higher level math needed) of the butter fly effect this first little move reached exhaustion where I took profit. However, there is a larger fib that is being honored it looks like. Likely it will reach the 423.6 but now it is hitting another support of an even larger 61.8.
I should have measured the larger fib after taking profit from the smaller one to re-enter. Moving averages also converging. It bounced off the small fib 161.8 level that would have been the perfect re-entry.
Or, I could have just let it go and kept it a swing position. Looks like now that would have been best, since I didn't re-enter, but for scalping purposes re-entry is better.
Good momentum study I put arrows where I should have re-entered and added positions. I've been kind of hesitant with gold due to large position size, but that is good with enough predictable volatility.