$XAU Don't mistake this bit of sideways movement in the chart for some kind of decree; the big players' positions have already written the direction in stone—I’m bullish on this setup, no room for doubt. The large-account long/short ratio is nearly 1.5 to 1, with long positions making up almost 60%, and they’ve kept adding for seven hours straight; yet the number of accounts is just a little over half, meaning the money is more honest than the talk—only a small number of accounts are loading up heavily, which is the main players' trump card laid bare for everyone to see. Price is still pinned above the dual moving averages, grinding without breaking, and the trend is so flat it feels dead, yet it won’t fall; the big players are locking positions and staying put—this move is digging a grave for the bears.