September 3rd, 2010
Published Daily

GCM09 – Comex June Gold (Last:889.10)

by Rick Ackerman on April 8, 2009 6:47 am GMT

The futures were in a labored uptrend, inching toward a minor target at 894.10 around 2:40 a.m. This Hidden Pivot can serve as a minimum rally objective for night owls, but if it’s exceeded by more than $1, the next meaningful threshold would be at 899.50.  That was Sunday evening’s high, and if it were to be exceeded it would turn the hourly chart bullish.

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