The futures rebounded from yesterday’s bottom with a bullish impulse leg of hourly-chart degree, but buyers were showing sign of fatigue shortly before after midnight EDT Tuesday.  The slippage is slight so far, but it still has a few dollars to go before support comes available at 1363.70, a Hidden Pivot midpoint associated with a ‘d’ target at 1351.80.  Another such pair of supports, but of larger degree, lie at 1359.00/1342.40.  Although an upthrust touching 1377.10 would make all of those numbers moot and put bears on the run, if the futures continue to ease we should take note of the quality of support at each of the four Hidden Pivots.  As always, an easy breach of one would imply the next is likely to be achieved.  Officially, we hold two contracts with a cost basis of 1353.30.  Our price objective is 1380.00, where we’ll plan on selling one contract if the opportunity should arise. For now, both contracts should be stopped at 1362.10.  _______ UPDATE (10:05 a.m. EDT):  Just before gold plummeted at dawn, we exited our position on a stop for a theoretical gain of around $1800.  Although the futures overshot our lowest target, the selling has yet to breach a single prior low of daily-chart magnitude.  The first lies at 1325.60, $7 beneath the so far intraday low, and the second at 1297.00.  Both would need to be exceeded — today — before we need infer that something more than a minor shakeout is occurring.