A downside target at 918.60 loomed as of 1:30 a.m., but any fartherwould be telegraphing more downside over the near term to as low as 904.80.  Both targets will remain valid unless 932.50 is exceeded to the upside. That would breathe new life into April Gold, but  the rally would have to continue to at least 938.30 to put bulls in a position of further opportunity. Opportunity would mutate into something more tangible, however, if the futures can close for two consecutive days above 959.50, an important midpoint resistance.