Last week’s bullish finishing stroke brought into focus a minor Hidden Pivot target at 1229.10 that we should use as a minimum upside objective for the near term.  That may seem like a conservative goal because it lies just $12 above Friday’s settlement price, but it would have decisively bullish implications, since the target is above heavy supply created over a two-week period in early July. The futures are almost certain to push above the supply zone this week, but the earlier in the week they do so, the more bullish the implications will be going forward. ______ UPDATE (10:10 a.m. EDT):  The prediction panned out precisely, December Gold having surged this morning to a so-far high at 1229.50. The pullback has been a relatively shallow $5, and if that’s all bulls need to take another leg up, we should infer that the next target above, 1244.20, will be achieved within days.