GCZ11 – December Gold (Last:1647.00)

December Gold (GCZ11) price chart with targetsA midpoint support at 1642.00 (see inset) has contained the damage so far, but if it’s breached we should expect the weakness to continue down to at least 1620.70, a Hidden Pivot that is the midpoint’s ‘d’ sibling. Alternatively, bulls would need to muster a push to at least 1665.90 today to get back on the offensive.