By last Tuesday we had an increase of short positioning from commercials and an increase of net long by non commercials. But on a tumbling Gold Price. This seems to be a preparation of a major move. If we see a significant shift of Options positioning by next weeks cot report, I would expect quite a significant move coming soon. In addition we had a short attack on Wed early morning trading and a quite interesting behaviour on Friday... Someone seems to try to keep the sell signal intact. Week finishes with quite an interesting candlestick...
