A Hidden Pivot resistance at 576.19 seems reasonable for the next 5-6 weeks if not sooner. Long-term traders please note: The target’s midpoint sibling lies at 469.72, and any pullback to that level should fully correct the Gold Bugs Index for the next intermediate move. More immediately, a booster thrust of at least 15.62 points is needed to launch a rally to as high as 534.35. This target was derived from the daily chart, where A=439.68 on May 5.