GCZ11 – December Gold (Last:1722.00)

December Gold (GCZ11) price chart with targetsAn important Hidden Pivot at 1627.30 is my minimum downside objective for now, although bulls could regain the advantage with a quick surge to 1833.00, a tick above an external peak recording September 19.  More immediately, we could look for a far subtler sign of recovery on a print today exceeding 1747.70. The significance of this number is shown in the chart.