The small poke through our longstanding Hidden Pivot target at 3040.90 implies prices will continue higher, notwithstanding occasional shakedowns by the sleazeball who control bullion markets. Although I recently billboarded an ambitious target at 3533 to lift your imagination, a more immediate prospect is 3198.70, the ‘D’ target of a smaller pattern. A pullback to 2932.80 would trigger a ‘mechanical’ buy signal, but the 2844.00 stop-loss is unacceptably large. Use a ‘camouflage’ trigger for this one, meaning an entry set-up crafted from 15-minute charts or lower once 2932.80 has been touched.
GCJ25 – April Gold (Last:3028.20)
