The low and high of the pennant formation shown will come in today near, respectively, 1281.00 and 1307.00, and a rally to the higher number would be more bullish than a fall to the lower would be bearish.  Accordingly, you should view any b-c pullback from just above 1307.00 as a speculative buying opportunity. It would be best leveraged by using an uptrending abc pattern on the very less charts for an entry signal.  Anything between the two lines should be regarded as mere noise, tradable only by the very nimblest scalpers.  _______ UPDATE (11:07 a.m ET):  Gold is falling as usual, presumably headed for the 1252.80 target of (60m) A=1331.40 on 4/14/; B=1268.40 on 4/24). The target will be worth bottom-fishing, but you should trade with a bearish bias until it’s reached. (Note: Basis the August contract, the target is 1253.00.)