Is this lump on the labia majora?
I'm trying to find the exact location of the lump you talk about.
Click here for a photo that shows the female area, perhaps that will help.
From your description, sounds as though you may have what's called sebaceous cyst. You can try to apply a hot compress. However if it doesn't go down, you need to follow up with your doctor, as he may prescribe steroids or antibiotics. It may also need to be lanced as well. But with it going down this time and not causing pain, it's best to leave it alone. If it returns or causes pain, then do the hot compress. And next time you see your doctor do let them know. Sometimes they occur and will go away. When they become infected then you need to be seen. In the future it's best not to squeeze them, as that can cause further irritation and infection.
You can read more about them here as well. read here
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