This is the same, promising rally pattern that I’ve featured in a GLD tout elsewhere on this page. It implies short-term upside potential to as high as 1301.80, a Hidden Pivot target that would become an odds-on bet if p=1263.90 is exceeded by perhaps 10 points. A pullback to p thereafter — one that takes at least a few bars — could set up a ‘mechanical’ buy there, stop 1257.60.
