Yesterday’s rally was constructive, since it exceeded a small peak on the hourly chart at 899.50 recorded on the way down last week. However, because Gold has squandered numerous such opportunities in recent weeks, we’ll set a high bar to tell us whether the uptrend begun last Monday is capable of renewing itself with each bullish thrust. For now, that would imply a push today or tomorrow exceeding 911.80— or for good measure, 917.90.