December Gold has somewhat exceeded an 1810.80 target identified during yesterday’s online tutorial session, suggesting that bulls will continue to romp. The nearest important Hidden Pivot above the new record high at 1817.60 is 1854.70 (60m, A=1650.30 on 8/5; B=1782.50), so that can be our minimum upside objective for now.  Even so, we should monitor impulsive action on the 5-minute chart, since punitive pullbacks could occur at any time.  As of this moment — i.e., at around 3:30 a.m. EDT — the chart was showing ‘dueling’ impulse legs with a very slight bullish bias. _______ UPDATE (2:47 p.m. EDT): The so-far low of today’s mini-crash is 1734.50, but the futures look like they’ll have to grope their way down to at least 1727.20 to find traction.  My worst-case low for this cycle is 1708.20, but if the future get down there you should view it as a buying opportunity.