December Gold (909.10)

No change. The uptrend has renewed itself once again by pushing past no fewer than two prior peaks on the hourly chart. The futures will have their work cut out for them today because getting past the requisite pair of highs, at least one of them external, will require a push above resistance peaks that have contained Gold since late July. Specifically, a look-to-the-left high at 934.50 (see chart) will be the number to beat for today.