Founders Note: BOA's GOLD CTA COMMENT

Selling will beget more selling today, Buying is up for grabs

Housekeeping: Everyone is talking CTA flows in metals now. Please remember where you heard of it first. ;)

We prefer TD due to its frequency.. But BOA’s is easiest to understand. We pulled out the Gold info for you below

Bottom line: Short term bearish leaning.. if the market gets soft, there will be CTA selling that can push it a little further

Read on for Analysis