GCZ09 – December Gold (Last: 951.20)

If bulls can get something going today, they’ll announce it with a close above 954.70. That’s the Hidden Pivot midpoint of a pattern stretching back to July 29 on the 30-minute chart. Success would hint of more upside early next week to at least 978.00.  A success of greater magnitude would be predicated on a rally leg that is unbroken on the 30-minute chart between  959.90 and 963.10.