GCZ14 – December Gold (Last:1300.60)

Switching to the December contract, I’ll suggest using the 1278.70 correction target shown if the selling should breach the 1296.60 midpoint support. Both of these Hidden Pivots looks enticing for bottom-fishing, since neither coincides with structural support from a prior low. Accordingly, you could use a stop-loss as tight as four ticks below a bid at either target.