$GLD cup and handle

Few weeks ago GLD pulled back from its all time highs back into the 230s, hit $236 then went all the way back to $250 then back to $242. Here you can see a little cup and handle, if it stays above $245.17 I will enter monthly calls for a $250 strike. I entered 240c for 12/20 when it dipped the first time and made a 100% return and sold too early, wound up going 300%. I think GLD has a lot more to run.