A very tedious and tiresome consolidation that has stretched into weeks has not altered the bullish look of the intraday charts. My immediate rally target has changed slightly, however, to 1374.00, a Hidden Pivot that should be considered well in play as a minimum short-term price objective once the futures push past the midpoint pivot at 1339.70.  Night owls looking to get aboard should use a pullback from just above the 1333.20 peak recorded on July 2. _______ UPDATE (8:20 a.m. EDT): Bullion prices have in fact taken flight this morning. If you got aboard as advised, please let me know in the chat room so that I can establish a tracking position for the further guidance of subscribers. _______ UPDATE (10:13 p.m.): The so-far $10 correction off Thursday’s high will trip a new buy signal at 1340.75. If the futures run up just $5 from there, they would be signaling more upside to the 1354.70 target of a minor rally pattern subsumed by the larger one that still ponts to 1374.00.________ UPDATE (July 14, 10:50 a.m.):  Gold has gotten whacked today, but you could search a billion web pages and not come up with a satisfying explanation as to why. We’ll chalk it up to ‘just one of those things’ and wait for improved price action.  Although the $35 dive has negated the bullish targets given above, it did no damage whatsoever to a weekly chart that shows two bullish impulse legs of different degree: one starting from the New Year’s low, the other from the 1240.20 low recorded on June 6. ______ UPDATE (July 16, 1:10 a.m.):  The futures bounced very precisely yesterday from the 1292.10 target shown (see inset), but the bounce wasn’t very robust, and if it goes just a smidgen further the 1275.70 target of the larger pattern starting with A2 would be in play. The usual precautions are advised if you plan to bottom-fish there.