GCZ13 – December Gold (Last:1340.20)

An apparent consolidation above the 1334.90 HP resistance shown implies that a finishing stroke to at least 1354.70 lies just ahead. I’d broached a 1358.90 target here as well, and we may see some hesitation at the number.  However, an easy move through it would be telegraphing a push above 1400. Two targets would be in play at that point: 1411.60, the ‘D’ Hidden Pivot of the big pattern shown; and 1428.80, a number given here earlier that comes from another, equally compelling, pattern. The lower number would be our minimum upside objective once 1358.90 has been surpassed.