With Sunday’s night’s modest show of strength, our focus shifts to the bullish pattern shown in the accompanying chart. It is straighforward in demanding that bulls prove their case with a strong close above 808.70, the Hidden Pivot midpoint. Once decisively past this resistance, February Gold would have what looks like an easy shot at 876.20. For now, though, we’ll make 808.70 our minimum upside objective. Night owls can use the c-d midpoint of the pattern shown (assuming it develops as indicated) to attempt bottom-fishing.
