Our immediate target is 1442.10, but there’s not much we can do right now except wait for the futures to blow past two record peaks made in November and December, respectively, at 1426.00 and 1432.50.  Nevertheless, getting long speculatively should pose no problem if you have the patience to apply Hidden Pivot tactics that range from camouflage, to bottom-fishing corrective midpoints. The possibility of doing the latter was developing late Monday night and is sketched out in the accompanying chart. _______ UPDATE (9:32 a.m. ET):  Gold is in shakedown mode today, but you should view it on the weekly chart before you get the mistaken idea that “something” is happening.  The immediate downtrend points to 1390.60, just a bit lower than the so-far intraday low.