Although Gold was nearly flat for the week, a fist-pump on Wednesday precisely to the 4890.10 secondary Hidden Pivot shortened the odds of a continuation to a by-now familiar target at 5144.00. Although a pullback to the red line would trigger a ‘mechanical’ buy, stop 4467.50, unless you know how to craft a camo trigger, I’ll recommend doing this trade only at the green line (x=4382.40), stop 4128.40, even if the futures are unlikely to fall that far to get a running start on d.
GCM26 – June Gold (Last:4787.40)