Gold’s rally from the August 8 low near 1082.00 has exhausted my big-picture targets, but we can still zoom in on some lesser patterns to come up with usable targets for the extension of the larger bull cycle. The one shown has a D target at 1167.60 that looks like it could prove useful. Trading concerns aside, we’ll know that there’s yet more buying power percolating below the surface if buyers push easily past that Hidden Pivot. Night owls can attempt a mechanical ‘buy’ at 1158.50 if the setup develops in the way we require. _______ UPDATE: 7:54 a.m. EDT): The 1167.60 rally target flagged above came within three ticks of nailing the exact top of last night’s sharp rally. If you initiated a short, please let me know in the chat room and I’ll establish a tracking position for your further guidance. The pullback has been mildly impulsive, and I’ll suggest monitoring it this morning to gauge the strength of the selling: a=1165.30 (2:00 a.m.); b=1148.50 (6:00 a.m.); c= 1155.70 (?; 5:30 a.m.).