GC1 — Structure Update Gold FuturesCOMEX:GC1!QuantoraGold touched $4,200 intraday. Recovered to $4,398. What the data shows: Q Wave 1D: Fast crossed below Slow in March. Both waves sustained lower. No absorption attempt — consistent directional pressure confirmed. Volume Profile: POC at 5,054. Price is 13% below volume fair value. The entire value area sits overhead as resistance. This is not a return to equilibrium — it's a move in dislocation. OI Signal: Weak Dump. Price recovering on contracting open interest. The recovery has no institutional conviction behind it. Cumulative Delta: still falling. Headlines created a 200-point bounce today. The structure created the 1,200-point decline before it. A relief move below POC is not a reversal. It's a retest looking for sellers. 📌 Q Wave — Stay for quality — trade with clarity.