Gold’s rally, which took off in earnest a week ago, signaled more to come on Thursday when it pushed above two prior peaks on the daily chart (see inset). This indicates a new and healthy trend, according to the proprietary Hidden Pivot Method that we use to trade and forecast the markets. Notice that with just a little more oomph, the March contract could surpass two additional ‘external’ peaks on the daily chart (see inset). That would put them within a few ticks of tripping a theoretical ‘buy’ signal, shifting our focus, if not yet our expectations, to the 1434.80 target. Buyers would still face crucial resistance at the red line, a ‘midpoint pivot’ at 1279.60, but that would become the minimum upside objective once the green line has been exceeded decisively (i.e., by $2 to $3). Yes In the meantime, subscribers should stay tuned to the chat room, since tradable ideas in this vehicle are getting a pretty good play in real time. _______ UPDATE (Jan 9, 8:58 p.m. EST): Consider using either of these two lows on the 60-minute chart as a point ‘A’ to fashion a ‘counterintuitive’ entry: 1177.40 (11 a.m. EST today); or 1173.00 (1:00 a.m.). There is scant evidence that Gold has made a significant top — only a minor, bearish impulse leg on the 15-minute chart: a=1185.20 (3:15 p.m.); b=1180.00; c=1183.80 (click here to see the chart). Even f this evening’s weakness breaches d=1178.60, I’d still be game to try the ‘counterintuitive’ set-up off A=1177.40.