A trendline noted in the chat room yesterday by erstwhile cheese farmer ‘Nutcase’ looks magnetic, so we shouldn’t be too surprised if June Gold tests the line before the next rally.  With an upward slope of about $7 per day, trendline support will come in around 1115.00 today and 1122.00 on Monday. If the rally occurs without such a test, however, it would still need to get past the 1171.80 resistance noted here earlier to get seriously airborne.  More immediately, the futures were in a minor uptrend at day’s end with the potential to reach 1150.50.  The move would be subject to midpoint resistance at 1145.60. Alternatively my worst-case number is 1119.90, a Hidden Pivot support that can be bottom-fished with a stop-loss as tight as 80 cents. ______UPDATE (7:15 p.m. EDT):  The 1150.50 rally target has been trashed by a nasty downdraft that took out the point ‘C’ low at 1140.70. The nearest support is 1138.30, a Hidden Pivot midpoint. _______ FURTHER UPDATE:  Gold got quite a goosing this morning and was up $15 when it peaked at 1157.90.  The rally was not sufficient to create a bullish impulse leg on the hourly chart, however — that would have taken a print at 1158.90 — so let’s be pleased but unexcited and leave it at that.