Put aside the bearish target at 1606.40 for now although it will remain theoretically valid until such time as 1695.40 (aka ‘point C’) is exceeded to the upside.  My justification for this is the rally’s leap on Friday well above the 1650.90 midpoint pivot associated with the target.  That leap can be seen as an abc pattern projecting to the well defined target at 1664.10 shown in the chart.  It will take a little more than that, however — specifically, a print above the 1665.30 high shown, to refresh the bullish impulsiveness of the 15-minute chart.  That high could provide a juicy opportunity for camo traders seeking to get long, since a pullback from a tick or two above it would be read as a stall by the herd.  I’ve sketched the hypothetical trade in exacting detail for your further guidance. ______ UPDATE (11:55 a.m. EST): Gold’s mild relapse has negated our strategy. However, camouflageurs could try bottom-fishing at either 1644.70 or 1637.40. They are, respectively, the p and d Hidden Pivots of the corrective pattern (on the 15-minute)  a=1657.30 (8:30 a.m. EST); b=1642.60, c=1652.10. You can learn to ‘camouflage trade’, and it’s easier than you think. Click here for information about the upcoming Hidden Pivot Webinar.