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Short

New COT Analysis XAU/USD 19/09/14

FX:XAUUSD   Gold Spot / U.S. Dollar
198 0 1
My previous interpretation of this value was that I looked if the potential went lower or higher than previous week for defining a trend.

But after watching a bit back in the past it shows more accuracy if the trend is defined by the point 1.

If the potential wents from over 1 to under 1 it becomes an uptrend.

If the potential wents from under 1 to over 1 it becomes a downtrend.
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