Gold’s highs, lows and impulsive thrusts in recent days have much resembled those of the Dow Industrial Average but for one thing: While the Dow has managed to exploit the helpful push by moving moderately higher, June Gold has merely gone sideways, goading bulls and bears into a tiresome duel. Looking ahead, buyers will need to achieve 1510.70 today to go on the offensive. Traders looking to bottom-fish should try 1479.90, stop 1479.10. It is the somewhat unintuitive midpoint Hidden Pivot of the pattern shown.
