Even after yesterday’s hit, there are no downtrending patterns or impulse legs on the 240-minute chart, and it would take a drop to below 500 to create the latter.  If we extrapolate a pattern very similar to the one that nailed yesterday’s peak in Comex Gold, it yields a target at 554.23 and a midpoint resistance — already obliterated — at 522.82.  More immediately, a two-day close above 525.72 would signal a likely push to at least 541.42.