I have no bias at the moment, either bullish or bearish, but if the futures should dive for no apparent reason to 1186.30, you can buy there with a stop-loss as tight as four ticks. That’s a Hidden Pivot support off the hourly chart (A=1205.50), and its sibling midpoint lies at 1193.50. If that number is hit or closely approached and the futures reverse to create a bullish impulse leg on the hourly chart, it would be a very encouraging sign for next week. _____ UPDATE (12:37 p.m. EDT):  Exactly the encouraging sign we wanted to see occurred when the futures rallied to create a bullish impulse leg on the hourly chart without having quite reached the 1193.50 midpoint support. The actual low was 1194.50.  _______FURTHER UPDATE (2:52 p.m.):  Gold went on to slightly exceed the 1212.50 target we’d been using as a minimum upside objective. The actual high so far today has been 1213.30.)