The 826.80 downside target given here yesterday, missed by about $7, remains valid; otherwise, it would take nothing less than a print today at 864.10 to turn the short-term picture decisively bullish. You can bottom-fish at the target today with a stop-loss as tight as 825.40. _______ UPDATE: Gold easily blew out the target and stop-loss overnight and now appears bound for a minimum 811.20. Bottom-fish there at your discretion. Alternatively, it would take a pop touching 837.50 to turn the one-minute chart bullish.