The futures will have a chance to reverse their slide at the 1228.30 Hidden Pivot support shown, but my hunch is that they’ve been too long in distribution to escape with merely a marginal new low this week. An alternative target at 1222.30 can be bottom-fished with a stop-loss as tight as 1221.90, but I’d suggest limiting contract size to one. Alternatively, if gold surprises with a show of strength, a print today at 1263.30 would turn the lesser charts encouragingly bullish.  Bigger picture targets we’ve been using that remain to be filled: 1212.80 and 1195.40.