By exceeding the 1771.50 target we were using as a minimum downside objective, the futures have signaled still more weakness ahead.  Barring a very unlikely pop today to 1851.50, which would put bulls solidly back in charge, we can expect the downtrend to come increasingly under the sway of lows near 1700 made in late August.  They will turn magnetic if the December contract falls below 1750, exerting more influence, probably, than any Hidden Pivot support that I might offer.  The futures will have a chance to turn from just above that price today because there’s a minor hidden support at 1753.90, but if it fails, you should brace for more selling. _______ UPDATE: (12:17 p.m. EDT):  Gold has pulled back from the brink as has been its wont for the last month, rallying sharply without having reached the 1753.90 correction target I’d flagged. This is ever-so-mildly bullish for the longer term, but the December contract will still need to push above 1851.50 to get out of limbo and revitalize the still-healthy long-term bull market.