GC1! Gold Futures have flipped bearish. Can they hold support?Gold FuturesCOMEX_DL:GC1!yuzernameAfter an extended run on the Daily chart, since July of last year, we are seeing a break to the downside in GC1!. After a blow-off top and sharp reversal, the Directional Wave began contracting against the backdrop of prices temporarily grinding higher. We saw a Bearish Warning signal, Bearish Acceleration and the Directional Wave entering the Bear Zone before finally seeing the Bias flip to Bearish. The question remains, will the medium-term support at the $4,170 level hold until the contract rolls at the end of the month? Or do we blow through it and see a much deeper correction?