Gold’s rally, which took off in earnest a week ago, signaled more to come on Thursday when it pushed above two prior peaks on the daily chart (see inset). This indicates a new and healthy trend, according to the proprietary Hidden Pivot Method that we use to trade and forecast the markets. Notice that with just a little more oomph, the March contract could surpass two additional ‘external’ peaks on the daily chart (see inset). That would put them within a few ticks of tripping a theoretical ‘buy
