GCJ10 – Comex April Gold (Last:1112.20)

The trendline resistance we’ve been using as a reference point comes in at exactly 1121.00 today (or 1122.30, basis June)  , but if the futures exceed it by more than 3-4 ticks, look for the rally to continue to at least 1125.00 (June=1126.20), a Hidden Pivot  lifted from the 180-minute chart (where A=1090.80 on March 26).  Worst case if sellers romp:  1094.10 (1094.50, basis June), a hidden support that you could buy aggressively with a stop as tight as seven ticks. Entry should be attempted only if the opportunity occurs with at least 90 minutes left in the session.