gold normally goes down the last 2 weeks of june. then a bounce. possibly retesting lows in late july.
the # of contracts is low. about the same as previous lows in the gold price.
also the % of people long gold shares is at levels normally seen at previous lows.
Shifting positions, given the impending recession/depression, might cause gold to shift higher. Admittedly, I don't keep up with gold specifically. Maybe I should take more notice these days.