Gold’s outlook after Friday’s newsGold Futures (Dec 2025)COMEX_DL:GCZ2025ClashChartsTeamA question came in on TradingView about gold’s outlook after Friday’s news. My analysis methodology is built on a holistic review of exchange data, where options flow plays a central role — something long-time followers of my posts are already familiar with. So here’s what Friday’s options flow is quietly telling us: 🔸 The bearish put spread (on November option series ) targeting lower levels from October 8th onward is still intact — suggesting downside sentiment remains in play. Now, let’s be realistic: Sophisticated players can always flip this position mid-flight by adding futures to hedge — turning it into a neutral or even bullish setup if the rally continues. After all, we’re dealing with pros with deep pockets — and they don’t like losing money. They’ll adjust. They’ll hedge. They’ll exit clean. 🔸 Second, Friday’s CME activity leaned bearish (screen attached)— or at least, profit-taking (fixing). We see call strikes above current price either being closed or re-sold. Volume is present — but open interest is flat, declining, or even negative. That tells a story: No new conviction for higher prices. Just closing old upside bets. 📌 Bottom line: The flow doesn't scream "crash coming right now" — but it does whisper: "Be careful with the longs."