Gold's COT remain in bearish mode

COMEX:GC1!   Gold Futures
More consolidation or correction ahead? No trend.
Gold's COT even more bearish than previous week. It needs time to wash early year's up thrust.
Short term downtrend (retracement)
pantheo PolarSolar
Possible. Needs a close below 1225-1222 area to increase probabilities for a retracement. Cloud is a good spot for reversal. Main support lies at 1,205 - 1.202. If goes below this area might fall big time.
Great chart, thanks
pantheo Perpetualgold
Cheers:-) P.
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