GCZ2025 As I highlighted earlier, massive bearish spreads have hit the gold market. We’re not talking about retail punters placing hopeful bets — these are well-capitalized players making a serious move.
This isn’t speculation. It’s a high-conviction, well-funded positioning — and it demands attention.
Given the flow, I’m now prioritizing short setups in gold, with today’s ER key level clearly marked on the chart (vizit my profile to find out about ER levels)
GC1! looking at possible draw-down to #2779.60 as we would reach MAX capitulation at these levels. this would be a very healthy pullback setting the path for the remainder bull run to at least 10k or higher over the next 2 to 3 years. We are already 3 years into this bull run which started 2022 and should end sometime late 2026 or into mid to late 2028.
MGC1! I'm seeing a lot of passive sell orders built up as well, to the tune of 4000 GC contracts over the whole of today. It could be a hedge position but with the way gold has been moving, I don't know how that would work out. Also looking at silver which is close to $50, and it has always dropped like a stone after hitting $50. My theory is that gold is also going to drop sharply once that happens. Gotta wait and watch, but right now it's just as easy as buy pullback and sell the top
GCZ2025 As I highlighted earlier, massive bearish spreads have hit the gold market.
