GCJ24 – April Gold (Last:2204.10)

I’ve made a finicky adjustment to the point A low that yields a slightly lower rally target at 2269.10. Months of tedium at p do not allow certitude about whether D will be reached, nor does the stall precisely at p2=2167; however, my gut feeling is that 2269.10 will work as a minimum upside target. If April Gold gets no lift from last week’s soporific string of lows near 2159.40, the next place you could step in to buy with a tight stop-loss would be at 2116.00. That’s the ‘d’ target of a small reverse pattern on the daily chart. _______ UPDATE (Mar 21, 9:26 a.m.): The futures should be presumed bound for the 2306.20 target shown in this chart once they push decisively past the 2269.10 Hidden Pivot resistance noted above.