gearing up for the mother of all moves

It is noted from the Commitment of Traders report that large commercials net short positions hit an all-time high on Tuesday of last week.

So far they have not been able to force the POG down to capitalise on their position.

The alternatives? Will they throw more money in to force the price down or will they capitulate and buy gold to cover their shorts?

Gold is gearing up for the mother of all moves. But which way? Usually the Commecials with their deep pockets get their way - and they still may.

But they seem to be encountering strong resistance as the buying pressure on gold is very strong and steady.

If they capitulate and are forced to cover their short positions the POG will skyrocket.

Interesting .... the 'big move' (whichever way it is) is imminent ....imo