GC1 — Update | March 31Gold FuturesCOMEX:GC1!QuantoraYesterday the structure was repairing. Today it moved. Gold is up over 3% — yet closing its worst month since 2008. The monthly loss was real. What matters now is whether today's participation is absorption or just a relief move inside a still-unresolved regime. Delta confirms bid-side flow returned after weeks of absence. That is structurally relevant. It does not yet confirm a regime shift. The market called it a dead cat. The structure calls it an open question. The market beyond price. Not financial advice. Structural analysis only.