GCZ09 – Comex December Gold (Last:954.90)

Gold was flagging lower Sunday night after Friday’s spirited thrust, but buyers weren’t giving up much ground. The so-far low of the pullback is 952.20, and if it holds, the futures could put bears on the ropes by vaulting a Hidden Pivot midpoint at 959.60. That would suggest more immediate upside to at least 967.00.