$XAU This chart can’t stand up to scrutiny—four hours, six K-lines, five of them closing down. The price slid all the way from the high point, propping up its face by stubbornly clinging to the moving average. Don’t let that little unrealized gain fool you. The daily chart is synchronizing downward; the short-term direction has already flipped bearish. The cold, hard data about the way the big players raise the price to distribute shares won’t lie. Those so-called bullish positions held by big accounts are just the self-comfort of being a bag-holding pawn… You only see thieves getting fed, but not thieves getting beaten— the trend is already at an end.