GOLD 0.51% $1,391.7 gold futures

gold, page-30198

  1. 3,146 Posts.
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    Personally, I think the COT is a lagging indicator... Net positions are still long Gold, by 126k. The closer to 100k, the more the chance of it going in the opposite direction in my opinion.

    https://au.investing.com/news/forex...adian-dollar,-yen;-more-bullish-on-euro-64699

    "The Commodity Futures Trading Commission's (CFTC) weekly Commitments of Traders (COT) report provides a breakdown of the net positions for "non-commercial" (speculative) traders in U.S. futures markets.
    All data corresponds to positions held by participants primarily based in Chicago and New York futures markets.
    The Commitments of Traders report is considered an indicator for analyzing market sentiment and many speculative traders use the data to help them decide whether or not to take a long or short position.
    Commitments of Traders (COT) data is released each Friday at 3:30pm Eastern Time, pending a holiday in the U.S., to reflect the commitments of traders on the prior Tuesday."
 
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