Buying enthusiasm was in conspicuously short supply last week. The futures managed to hold above the 1059.20 low, albeit barely, whence the last decent rally commenced on December 4 (a Friday), but that’s surely nothing for bulls to crow about. With a new week about to begin, we’ll shun hope and guesswork and play it strictly by-the-numbers. That means the March contract will have to start demolishing Hidden Pivot resistances with the ease of a battering ram taking out a screen door before we allow whatever bullish ‘feelings’ we may harbor toward gold to surface. Friday’s rally did not decisively exceed the midpoint resistance shown (p=1077.25), but if and when that happens, you could buy there ‘mechanically’ on a pullback, stop 1071.0, using D=1092.80 as a price objective.