GOLD 0.51% $1,391.7 gold futures

Thanks AW for those points and dates.I think Goldman Sachs is...

  1. adz
    263 Posts.
    Thanks AW for those points and dates.

    I think Goldman Sachs is fully informed and our best indicator will be their change in NET LONG positions after the next/most recent trading sessions - 23rd, 24th, 27th October.

    "In the October 22 session on the TOCOM Goldman Sachs COVERED 23 short contracts and BOUGHT 703 long contracts which brings their long position to 2,971 contracts and makes them now NET LONG 543 contracts. This is the LARGEST long position they have held in 30 months. In 30 months they have been net short every day except for two days. The only other day they were net long was on 9/29/08 and was only 28 contracts net long."

    I guess this information is released 24 - 48 hrs after the trading session? Please keep us posted.

    Cheers, GO GOLD! and silver.
 
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