I’ve arbitrarily chosen to emphasize the bullish side of this chart, using a reversal pattern that projects to 5144.00. It assumes that June Gold is on a ‘mechanical’ buy signal that triggered last week with a dip below the red line (p=4363.30). (It missed being stopped out by 4467 by $55.) The somewhat bearish possibility starts with A=5474, the March 6 high. The corresponding midpoint Hidden Pivot support at 4244.8 would be a back-up-the-truck number for bargain-hunting bulls.
GCM26 – June Gold (Last:4644.50)