GCZ11 – December Gold (Last:1664.10)

December Gold (GCZ11) price chart with targetsWe’ve set screen alerts above and below, respectively at 1704.90 and 1585.30. Yesterday’s fright-mask dive altered a minor upside target at 1720.60 so that we are now looking at 1697.40 instead. That ‘D’ Hidden Pivot is sown in the chart, as its 1662.80 midpoint. That last number has been exceeded intraday by $4, but the futures were having trouble with it Tuesday night, so we should require a close above it before we infer that 1697.40 is in play.