Gold has been delivering the goods lately with such easy aplomb that we needn’t burden ourselves from day to day with a high standard of proof.  So let it be merely for the sake of enjoyment that we contemplate today’s chart, which evinces the carefree spirit of an energetic and healthy bull market.  Specifically, we should look for the downward arc of Thursday evening’s so-far picture-perfect correction to reverse from the c-d midpoint (aka ‘p’) or higher.  There are of course no guarantees in this game, but bargain hunters should look to get aboard, ideally before the start of Friday’s regular session, via a 1231.20 bid, stop 1230.70.  This tactic will remain valid as long as the 1239.30 point ‘C’ of the pattern remains intact. ______ UPDATE (11:41 a.m. EDT:  Wow.  We sometimes need to remind ourselves that a healthy bull is so obvious to all that it must necessarily vex, frustrate and even defenestrate seekers of easy profits by turning vicious without warning.  This the futures did last night, spiking just before dawn to a 1249.70 breakout high just 50 cents above Wednesday’s summit; then, going into a power dive that shed $32 of valuation in a relative trice.  Our would-be bottom-fishing tactic was negated by these histrionics, sparing us anguish and pain but in no way compromising a still-bullish picture.