I also have support at 11.60-11.70ish which is a pivot, the 100%...

I also have support at 11.60-11.70ish which is a pivot, the 100% retracement of the latest upleg, the August 2007 low and also gets support from the bull market up trend line. Next significant support is 10.90 and then 9.10-10.00 area. The August low for gold was $675. Also note that the HUI is sitting close to support and I expect further downside from the stocks to be minimal. PM's normally bottom a few weeks after the HUI so watch the HUI's reaction from here!