A day-long snoozefest featured the obligatory price hump early on in the session.  February Gold went on to peak at 1392.90 — exactly $1.60 above the forecast high.  From there the futures have fallen sharply, and presumably gratuitously, touching a low of 1369.10 at 4 p.m. ET.  The key number for today is the 1357.00 midpoint support of the pattern shown.  If the futures close beneath it, that would be telegraphing more downside to as low as 1321.20, its ‘d’ sibling.  FYI, the 1357.00 target can be bottom-fished with a stop-loss as tight as four ticks off a 1357.10 bid. _______ UPDATE (11:11 a.m. ET):  The futures have come down hard, breaching the stop with a so-far low at 1356.10 that would have produced a theoretical loss of around $50.