Gold remains a study in disappointment and tedium. We’ve focused on a too-obvious pattern with a bearish target at 1756.90, and even shorted it on paper at 1851.20,  but with no great expectation of the futures getting there. Nor are they likely to achieve the very bullish, 2082 target of a much larger pattern any time soon. If you’d prefer to trade this vehicle nonetheless, try bottom-fishing in the range 1787-1792 with a ‘camouflage’ set-up using a chart of five-minute degree or less. _______ UPDATE (Jul 1, 9:27 a.m.): The futures are in a presumably meaningless bounce from 1783.40. That’s below my bottom-fishing range, which was tied to a p2 ‘secondary pivot’ at 1788.30.  The $6 overshoot is sufficient for us to presume that the next leg down, if and when it comes., will be an even-odds bet to reach the worst-case, 1756.90 target. Ray-rah-sis-boom-bah, Gold! You go, girl!