pantheo

Gold's COT remain in bearish mode

COMEX:GC1!   Gold Futures
More consolidation or correction ahead? No trend.

Comments

Gold's COT even more bearish than previous week. It needs time to wash early year's up thrust.
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Short term downtrend (retracement)
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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.
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Great chart, thanks
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pantheo Perpetualgold
Cheers:-) P.
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