Gold Technical Position: Likely Pullback and Continue LowerGold FuturesCOMEX_DL:GC1!PrinciplesofmathprobAfter today, Gold will cross the Center Line with a lower close; a pullback toward it is likely before continuing the downward trend. Even if it were to rally significantly and touch the lower parallel of the blue set from below, it would still maintain a bearish bias since we are trading within a bearish structure. Perhaps if the price recovers 5000 with strong momentum, a bullish scenario could be considered, but for the moment, there is nothing on the horizon. The most likely downside target is approximately 4470, 200 points lower. In short: I believe a small pullback is likely before continuing lower.