I took my eye off the ball briefly when an abortive rally Wednesday night threatened to disrupt a promised pullback to at least 1090.20, but that’s still the number to watch. There’s another HP support near there, as well as the trendline support shown in the accompanying chart. A breach shouldn’t be viewed as fatal, and in fact we’ll be on the alert for signs of a devious breakdown, since nothing has changed to fundamentally undermine the bullish case for gold. Most immediately, the futures would need to pop to 1123.90 today to get back on a bullish track.