Today’s commentary speculates that the correction from the December 3 high is over.  However, we’ll let the evidence speak for itself over the next day or two, since April Gold will need to keep banging out new impulse legs on the hourly chart to prove its mettle. The good news is that there are five closely spaced peaks from the last four days that remain to be dispatched, like ducks in a shooting gallery. Check for a progress report intraday, since I’ll be updating this tout on-the-fly. _______ UDPATE (11:44 a.m. EST):  The futures are acting poorly today relative to a current 1124.50 target.  They should get there eventually, since the 1113.90 midpoint posed no problem. But on the hourly chart, the rally is not getting past any prior peaks on the first thrust, and this suggests timidity if not weakness.  However, bulls will have a chance to make up for lost time by spearing two peaks just above, at 1121.70 and 1125.80, in an unpaused thrust.