GCG12 – February Gold (Last:1600.50)

February Gold (GCG12) price chart with targetsComex futures have begun trading Monday night but are barely registering a pulse.  February Gold is down 0.40 at the moment, trading 1.70 off the so-far low, and although there are possible camouflage opportunities to be detected on the one-minute chart, it will probably be more trouble than it’s worth trying to initiate trades overnight.  Even so, I’ve included a chart that shows numerous external peaks that could useful for this purpose. ________ UPDATE (7:44 p.m.):  My advice is to stay clear. The predators who work the night shift are very much in charge right now, having engineered an air pocket moments ago that hit a 1600.20 downside Hidden Pivot target to-the-exact-tick. Even if we had been bidding at that price, there would have been no fill, since only a handful of contracts traded at the low.