darth.stocks

Gold: Staying Rangebound ?

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
7
So, OK! A new record. 56% Net Short of Commercials. FOR SURE THE DO NOT KNOW WHAT THEY ARE DOING. All of the will go BROKE. Well.., some bit of difficult to "estimate" price development wit the help of COT Report, but if we do not break LT Resistance line (red) till 20. Aug, we will be coming cross-resistance and most likely we will be rangebound to this resistance.
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