GCZ12 – December Gold (Last:1710.90)

A 1686.00 target first broached here a while is still my minimum downside objective — but also a logical spot to try tightly stopped bottom-fishing if you’ve been looking for an opportunity to get aboard. As always, it would be bullish if the futures turn from current levels, impulsing higher on the hourly chart without having quite reached a ‘d’ correction target. (Click here to sample Rick’s forecasts free for a week.  You will also have access to the 24/7 chat rooms.)