Gold looks so comfortable going bouncy-bouncy off $1100 that one might think its bullion-banker enemies had gone quiet for the moment. An 1148.70 rally target given here earlier remains viable, but if the move doesn’t come soon — say, within the next day or two — buyers may need to pull back below 1098.10 (aka point ‘C’) to develop thrust. Night owls can try bottom-fishing at 1109.50 with a very tight stop-loss, but this midpoint support looks a tad too close to Monday’s low to be considered a high-confidence support. A breach would imply more downside to 1101.60.  _______ UPDATE (10:40 a.m. EST): The futures are in a so-far weak bounce after sinking overnight to 1101.50, a dime from our target.