Buyers handled the 1907.10 Hidden Pivot resistance with ease, then closed comfortably above the 1910 top of a daunting supply zone created when gold was distributed in May and June ahead of a $200 downdraft. This all but guarantees more robust upside, presumably with a test of $2000 that has beckoned since last spring. We can trade the rally as low-risk opportunities arise, the first of which could come from a small peak (i.e., look-to-the-lefter) at 1943.70 recorded in late April.
GCG23 – February Gold (Last:1921.70)
