Shortly after midnight, the futures were working on a modest rally that promised to deliver 903.60 provided a Hidden Pivot midpoint at 900.20 can be surmounted. It would take a bit more than that, though, to turn the 15-minute chart bullish. Specifically, a print at
Comex Gold Futures
$GC09J Comex April Gold
– Posted in: Current Touts Free Rick's PicksI've reproduced April Gold's weekly chart as a reminder of why we shouldn't be too concerned about the selloff that has followed the most recent push above $1000. The thing to notice is that this impulse leg, which topped at $1007 on February 20,
$GC09J Comex April Gold
– Posted in: Current Touts Free Rick's PicksAll of Friday's action, as well as Sunday night's, has taken place beneath a look-to-the-left peak recorded in the throes of last Monday's decline. This suggests the futures are in no great hurry to fulfill the bullish potential of last Thursday's $30 launch. Odds would shift in bulls' favor, however, if
