Gold bottomed at MM2 on Friday after the release of the Flynn news. It’s the bottom of the range so it’s not really a double bottom because there was no bearish trend though we can trade it like a double bottom. We understand the relationship between Gold and Treasuries and the Greenback. We also understand that Treasuries, Gold, Yen and Chf are all safe havens in times of risk-off. Note that price action in Treasuries indicates further risk-off ahead, which would support a further bid in Gold though could also mean further strength in safe-haven currencies.