Even after plummeting to the 1233.70 target I’d flagged the night before, gold looked so awful on Friday that I posted two still-lower Hidden Pivot targets in the chat room: 1223.90 and 1207.30. The first was breached by $3.60 before the session ended, implying more slippage is likely. The lower number can serve as a worst-case target for the near term, but please note that there’s an additional ‘hidden’ support at 1217.20 where a bounce could occur. _______ UPDATE (Nov 14, 11:18 p.m. EST): Subscribers reported leveraging some ‘camouflage’ patterns to get long Monday, and the futures were about to trip another minor buy signal tonight (a=1219.80 at 6:30 p.m.), but the bigger picture still warrants caution. Bulls could breathe a sigh of relief if the rally hits 1237.10 on Tuesday. _______ UPDATE (Nov 15, 7:33 p.m.): Zzzzzzzzzzzzzz.
