Gold looked mildly perky late Sunday, sporting a $5 gain at the moment that seems more sustainable than impressive. Although the rally has stalled at a ‘midpoint pivot’ at 1309.10, if bulls can exceed this number by more than $1 it would open a path to at least 1321.30. Night owls looking to get aboard should check out the chart accompanying today’s tout for the June Comex contract , since the futures cannot break out without tipping their hand on the lesser charts.
