February Gold (865.30)

The futures reached our 876.20 target and then some, hinting that the bull cycle begun from 688 around Thanksgiving may yet thrill us with another thrust before buyers take a well earned rest. We pondered an 887.70 target during yesterday’s tutorial session, and that still looks like a logical spot to contain a last-gasp feint. If there’s a falloff from a high at that price, we’ll be looking hard in the chat room for a place to attempt bottom-fishing over (perhaps) the next 4-6 days.