Smart Money Positioned to SHORT Gold - COT Strategy

DISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence.

COT Strategy
SHORT
Gold (GC)

My COT strategy has me on alert for short trades in GC if we get a confirmed bearish change of trend on the Daily timeframe.

COT Commercial Index: Sell Signal

Valuation: Overvalued vs Treasuries

Extreme Positioning: Commercials around max short of last 2 years = bearish.

True Seasonal: Seasonal down to October.

Supplementary Indicators: %R & Momentum (not yet confirmed)

Remember, this is not a "Short Now" idea. These indicators are not timing tools. They simply tell us that this market could have a move of some significance to the downside, which we will participate in with a confirmed Daily trend change to the downside.

Good luck & good trading.