Gold hovers at break even for the day as investor interest dec | A1 Trading Setups w/ Nick & Frank

Gold hovers at break even for the day as investor interest decreased last week. COT showed that the number of long contracts fell while shorts rose significantly. Stocks are higher today as well as the 10 year note, both of which spell bearishness for the metal. Price is in between support and resistance and looks to be oscillating back and forth with regard to those levels.