So why did we remain steadfastly bullish on gold in the wake of this week’s $25 selloff? Because June Gold torpedoed a ‘D’ rally target just before the selloff, is why. In today’s presentation, we took the time to rediscover the subtle analytical strength of the Hidden Pivot Method. Said strength lies, not in the ability to predict swing highs and lows with two-decimal accuracy, which we do often enough, but to correctly forecast the trend even when it seems to defy every shred of logic in one’s brain. To conclude the session, looking at July Corn, we predicted doom for bulls on the basis of a price gap through a minor midpoint support.
