Gold Petal Futures forum

5 hours ago

Really tempted to short here

6 hours ago

🟢 Trade Bias: Long
🎯 Entry: 3,860 – 3,875
❌ Stop Loss: 3,835
✅ Take Profit 1: 3,915 – 3,925
✅ Take Profit 2: 3,955
===========
🔴 Trade Bias: Short
🎯 Entry: 3,915 – 3,925
❌ Stop Loss: 3,965
✅ Take Profit 1: 3,880
✅ Take Profit 2: 3,845

Galadon17

7 hours ago

Lots of pressure built up however, has to release one way or the other

Galadon17

8 hours ago

Looks like we don't have NFP data coming in tonight

ClashChartsTeam

14 hours ago

Open interest outflows in the December 2025 and February 2026 options series continue.

Notably, just like yesterday, it’s the strikes above current price that are being closed.

This suggests traders are taking profits on upside bets

Technically, the picture resembles a "long unwinding" setup ahead of a pullback:
Price drops sharply → then rebounds → where sellers likely step in to offload positions without crashing the market and cutting into profits.

Is this what’s happening?
It’s one interpretation — not a claim to absolute truth.
But the flow supports the idea.