As I’ve suggested in today’s Gold tout, we should pay close heed to the way in which small patterns play out at the right-hand edge of the hourly chart. Those patterns have been ostensibly bullish for two days now but would be hinting of weakness to come if even the smallest impulse legs cannot translate into C-D rallies that reach or exceed their respective Hidden Pivot midpoints. Most immediately, it would take an unpaused downthrust touching 30.835 to turn the hourly chart mildly bearish.
