Looking at the COT report, the banks added to shorts and reduced longs as the hedge funds went the opposite. However, what did the banks do in the last 3 days of last week? In their favour is the modest overbought situation at the moment. I suspect they shorted it in the last few hours of Friday.
COT Gold, Silver & USDX Report - October 20, 2023 | GoldSeek
Looking at the COT report, the banks added to shorts and reduced...
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Last
2.6¢ |
Change
-0.003(10.3%) |
Mkt cap ! $41.32M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.6¢ | $188.6K | 6.920M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19269 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1074152 | 5 |
View Market Depth
| Last trade - 15.59pm 23/06/2025 (20 minute delay) ? |
| IVR (ASX) Chart |