GCM13 – June Gold (Last:1577.10)

June Gold was on its way to the 1587.10 target shown when the rally was waylaid by weekend torpor.  A pullback to the 1574.10 midpoint could yield a low-risk buying opportunity, but I’d recommend that entry be initiated only via camouflage, since our bigger picture target at 1485.60 is bearish and lies well below these levels.