With the gold price just now making a new four-week uptrend high, the Hidden Pivot outlook is entirely bullish, on the eve of COMEX gold and silver options expiration. Gold has rallied more than $84 since its July 28 low, and that leaves us with no meaningful bearish patterns to provide bottom-fishing levels. Once again we will have to watch the action and judge the patterns as they take shape. Is this lengthening rally going to continue and perhaps even accelerate, or will it reverse course soon for one last seasonal downtrend? The attached graphic shows some levels where gold might make the turn, if it is going to do so. Not shown is our elderly 1244.2 target, which has not yet been touched, let alone broken, and which seems to have blocked the market’s progress for the better part of a day now. Tonight’s high is more than 99% of the way from “C” to the 1244.2 “D” target, which is a hit in my book. Maybe the anti-gold cartel will launch the usual options-expiration takedown from right here. (Posted by Doug McLagan)