GCZ10 – December Gold (Last:1317.20)

December Gold (GCZ10) price chart with targetsAn important Hidden Pivot resistance at 1340.00 is still our minimum rally objective for the intermediate term, but there are some minor pivots along the way that I noted earlier.  Scalpers should attempt their buying on the three-minute chart, and so I’ve furnished a three-minute picture for the guidance of nightowls, since a pattern was developing around 11 p.m. EDT that could permit very tightly-stopped buying at either the ‘p’ mipdoint or ‘d’ correction target.