I’ve assumed that the apparent lapse in sanity that has constrained Gold from pushing above $1000 will prove temporary, and that buying the corrections is therefore the proper course to follow. For Monday night, we’ll use the midpoint support of the downtrend from Thursday’s high, 926.00, bidding 866.30 for a single contract, stop 865.90. Alternatively, if the opportunity should arise, use an 890.80 buy-stop to get long. A print at that price would create a bullish impulse leg of minor degree, as shown in the accompanying chart. You’ll be on your own thereafter, but you should use 904.90 a a minimum objective. _______ UPDATE: The buy-stop entry suggested above would have worked perfectly, since, once above the 890.80 trigger point, the futures never returned to it. Exiting at the 904.90 target would have produced a profit of $1,400 per contract overnight. The high so far this morning, as of 9:30 a.m. EDT, is 907.80. If you still hold any contracts, use 921.60 as your minimum target.