Gold futures continued to head lower as anticipated, presumably bound for the 1774.50 ‘D’ target of the by now familiar  pattern shown.  The downtrend bounced precisely from a Hidden Pivot level (p2=1824.70 ), just as it did the previous week when p=1874.90 caught an encouraging bounce. I won’t raise your hopes this time, however, since that would only invest gold with more contrarian joo-joo than it already has. (Side note: Bull markets will always be filled with discouragements big and small. It is only in retrospect that they will seem to have been fun.) We’ll find a way to bottom-fish if and when the target is reached, but this might take some clever footwork, since the pattern, even though a less-obvious ‘reversal’, is not likely to be under-observed.