Persistent buying pushed the futures $21 above Tuesday’s low, lifting Gold out of the high-danger zone while generating a minor bullish impulse leg on the 15-minute chart. This is all mildly encouraging, but we’ll need to see a print today above the 1158.90 look-to-the-left peak shown in the chart before we have reason to relax. The peak was described here yesterday as “soft” on the hourly chart, but on the 15-minute, it’s hard-as-nails.  _____ UPDATE (1:07 p.m. EDT):  The futures are getting sacked today; however, at this moment they are bouncing from a midpoint support at 1320.60.  If it should fail, that would signal more weakness down to exactly 1291.60, a target that I posted earlier in the chat room.