GCJ11 – April Gold (Last:1384.10)

April Gold (GCJ11) price chart with targetsA Hidden Pivot target at 1394.80 remains viable as a minimum upside objective for the near term, but please note that it is closely coincident with a distinctive high at 1394.70 recorded on January 13.  What this implies from an analytical standpoint is that any thrust that gets past both resistances easily will be telegraphing a test of December’s all-time high, 1434.10.