GCJ10 – Comex April Gold (Last:1088.20)

 The pattern from which the 1073.20 target disseminated yesterday was derived looks too pretty not to play out as drawn (see inset).  You can bottom-fish aggressively, and this time I’ll leave the stop-loss up to you.  It can be as tight as 4-6 ticks.  If the target gets bombed, we’ll need to consider the 1044.50 structural low — early February’s bottom — as a minimum downside objective.