As usual, Gold is taking its sweet old time going anywhere, never mind to the 2027 midpoint Hidden Pivot of the pattern shown. We’ll need to see how buyers handle this resistance before we can judge the likelihood of a rally to the 2154.20 target. The August contract is on a theoretical ‘buy’ signal at the moment, but the only way to use it with risk tightly controlled would be to set up a ‘camo’ trigger on an intraday chart. Stay tuned to the chat room if you care, since I may be able to signal a timely opportunity tied to this vehicle’s wonted morning reversals. _______ UPDATE (Aug 4, 8:43 a.m.): Gold has slipped back into its accustomed ‘garbage mode’, in a bull market more reminiscent of The Flying Dutchman in search of land than its 1970s heyday. Here’s a chart that shows an 1895.10 downside target for the October contract.