marked the daily descending TL and 161.8 ext of recent low @14 which is the Aug. 2009 low. The hard rejection of that low pushing the price back into CZ but failing to make a new high raises a question about continuation lower. This bullish flag
forming could signify intention for a further bullish
move. The number of net shorts dropped last week in favor of longs.
PMs are time bombs waiting to be triggered.