Gold looked to be on a tortuous path down to 1241.70 on Friday, or perhaps to 1230.40 if any lower. This is begrudging corrective action, is all, but once it ends, the next thrust will have the potential to reach $1300. For now, traders can bottom-fish either of those Hidden Pivot supports with a stop-loss as tight as four ticks. Alternatively, bulls would need to push the futures to at least 1255.00 today to send bears fleeing. ______ UPDATE (11:12 a.m. EDT):  The little s.o.b. turned from a low at 1242.30, cheating used out of the bullish joy ride we’d anticipated. For your information, the way to have caught the ride anyway, even if the futures “saw” our bid and took evasive maneuvers, is simply to have looked for the first camouflaged impulse leg before or after the downside target was closely approached. In this instance, using the three-minute chart, the point ‘x’ entry occurred at 1246.70, about an hour and 35 minutes after the not-quite-low-enough bottom occurred.  The point ‘B’ high of the pattern, 1247.30, was beautifully nondescript.