GCZ13 – December Gold (Last:1329.00)

With Sunday night’s $28 surge, December Gold’s 60-minute and weekly charts are now synchronously bullish. However, while the former has already tripped a buy signal, the latter will need to hit 1345.20 — $9.30 above the so-far high — to do likewise. Traders should come to the task with a bullish bias, but I’d suggest waiting for a second point ‘C’ low to form before you look for a ‘camouflage’ entry signal on the lesser charts.