GC! for another meltdownGold FuturesCOMEX:GC1!Martingale_FXBased on the latest COT and Options data, the Funds are still unloading their longs to reduce their exposure in the short term. The technical perspective would align for another further sellside delivery that I'd anticipate to go into 3700 territory, then that deep discount would be an ideal place to take it upside again. We shall wait and see, for the time being the path least resistance should be with the Shorts.