GCZ10 – December Gold (Last:1251.70)

December Gold (GCZ10) price chart with targetsThe reversal from just above the Hidden Pivot support flagged here yesterday is bullish, but December Gold stills need to push above 1258.80 today to ‘actualize’ whatever pent-up buying power exists. More likely is that the futures will hang out lazily for a few more days, but if and when the surge comes, the first Hidden Pivot with stopping power lies at 1264.40. It should be used a minimum upside target, but once above it bulls would have a more or less unobstructed path to at least 1290.90.