Gold peaked $11 shy of an important Hidden Pivot target at 1134.50 yesterday, then got clobbered by the steepest dollar rally in, oh, two weeks.  While we are obliged to take the rally seriously, we have an equally serious obligation to make certain that it proves itself each and every step of the way. (See today’s DXY tout for precise benchmarks by which to judge any success thereof.)  If you were trading gold futures, including against a long-term position, a trailing stop of about $4.50 should have been considered, since profit potential from the intraday high was about 2.5 times that. Looking immediately ahead, the correction pointed to a tradable low at 1098.10 (stop 1097.60); or if not there, at 1095.90 (stopped according to taste).  We should infer that more selling is coming if those Hidden Pivot supports give way within 30 or so minutes of first being touched.