We remain focused on an important rally target at 1340.00 but cautious nonetheless about picking camouflage entry spots, since gold’s consolidations of late have amassed a graveyard of spent point ‘C’s. As such, I’d suggest letting the first entry-trigger ‘X’ go by even when trying to get long on patterns of very minor degree. Alternatively, the subtlest hint of trouble today would come on a print at 1305.50. You’ll need to be on the 10-minute chart to figure out why.
