Gold’s upward momentum continues, and traders should look for small patterns that will facilitate long-side trades.  With another all-time high early in today’s trading session, we again have no downside targets to work with.  But at the moment, a camouflaged entry opportunity would arise if the futures rallied to slightly above the high of 1413.3 and then pulled back, as shown in the attached picture.  If this set-up does not materialize, refer to it as an example of one way to approach this market.  Should any bearish patterns emerge, traders should give serious thought to buying at the pivot levels.  Between the current price and the $1460 area mentioned in yesterday’s tout, there are many valid targets.  As for where a significant decline in the gold price might begin, we will say that $1460 is the best bet, but we don’t necessarily think it’s a good bet, as the world might now be slipping into a mad rush for the yellow metal.  (Posted by Doug McLagan)