If you followed the simple instruction I put out Thursday night, which flouted a ballistic rally, you got short using a 94.50-point trigger interval when the futures fell to x=4297.60. Thereafter, you would have covered half the position at 4203.10 on the subsequent decline to just beneath that Hidden Pivot midpoint support. The theoretical gain would have been $9450, enough to provide a substantial cushion to help you manage the remaining risk.  The fully-corrected target is D=4014.30, which, if achieved, would yield an additional profit of $18,890, for a total gain of  $28,340. However, if the bull market in gold is still intact, the futures should bounce to new highs from p=4203.10 rather than continue lower. Alternatively, they could fall to p2=4108.70 before reversing, so you should be alert to this possibility if you are still short.  Most immediately, I’ll suggest an ‘impulsive’ stop-loss at 4332.30, just above a minor peak created Friday on the way down. _______ UPDATE (Oct 21, 10:07 p.m.): Gold was overdue for a brutal correction, so no one should have been surprised by this one.  My hunch is that it is already over.  I posted a 4020.20 retracement target in the chat room this morning when the futures were up around 4200.00. They subsequently dove to a 4021.20 bottom that came within $1.00 (!) of my target. Anyone who used my Hidden Pivot support to get long could have racked up a same-day profit of as much as $11,300 per contract, since the bounce has reached 4133.80 so far. Gold is currently trading for 4130.80, having given up little of the rebound. Let’s see if it has bottomed.