Yesterday’s thrust petered out after poking an inch above the 1144.50 benchmark we’d been using as a minimum upside target. The action was bullish on balance, but there is still work to be done if buyers are going to take charge. As noted here yesterday, a close above 1144.50 is needed, at least, but just as persuasive would be a push today that surpasses a key high at 1148.00 that was recorded on January 14. The nearest minor Hidden Pivot resistance lies at 1156.90, so let’s make that our minimum upside objective if and when gold moves decisively above 1144.50.