A side note on gold, culled from Wednesday morning’s tutorial session: If the December Comex contract blows past the 1074.50 target that has served for a while as our minimum upside objective, the next likely stop would be 1134.50. This Hidden Pivot comes from the weekly chart, where A=750.00 (12/05/08). My gut feeling is that 1074.50 will put up enough of a fight to justify profit-taking by long-term bulls.
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