Gold is hovering near key resistance, with two Hidden Pivots, a prior high, and the all-time high not far above.  On Monday, December gold made a two-month high at the exact midpoint of a pattern we had been discussing in the chat room.  The high of 1251.8 was two ticks below a significant prior high of 1252.0.  If the futures can surpass both, and for good measure trade a dollar above the 1251.8 midpoint pivot, yet another bullish signal will be given.  The next obstacles will be “D” targets at 1257.0 and 1258.7 (based on the grey “A” points shown in the attached graphic), then the prominent prior high of 1267.5, and finally the all-time high of 1270.6.  For almost five weeks now, the pullbacks have been shallow, and the deepest one (the “B” point for all of tonight’s patterns) ended with a two-hour, 26-dollar moonshot.  In other words, gold is “not letting you in,” at least not without high anxiety.  Perhaps this is what the beginning of an epochal up-move should look like, but we all know who is on the other side of this market and what they’re capable of doing.  Trade the best-looking patterns, manage your risk, and don’t forget about this Friday’s non-farm payrolls announcement.  (Posted by Doug McLagan)