yes and thx for the chart, it's one thing to be aware of because
as I stated, prior to 2001, the Commercials were always net long
and since 2001 they have always been net short, if this reverses
again it gives further fuel to the file the gold is in a bear
market
could be, but makes me suspicious or curious as it's
an anomaly, I'm not trading off that. Longer term I
could still make a good case for gold eventually testing the longer
term uptrend line and the 1250 area, doesn't mean it has to this
time, but if it occurs later this year would not surprise me one
bit.
yes and thx for the
Where can I find the Chart for GOLD and COT number?
Posted by matt on 4th of May 2013 at 02:37 pm
yes and thx for the chart, it's one thing to be aware of because as I stated, prior to 2001, the Commercials were always net long and since 2001 they have always been net short, if this reverses again it gives further fuel to the file the gold is in a bear market
Matt, history aside, doesn't that
Posted by sbwoman on 4th of May 2013 at 06:07 pm
Matt, history aside, doesn't that sound incredibly bullish for gold? Price going up and shorts decreasing?? Am I missing something?
could be, but makes me
Posted by matt on 4th of May 2013 at 07:24 pm
could be, but makes me suspicious or curious as it's an anomaly, I'm not trading off that. Longer term I could still make a good case for gold eventually testing the longer term uptrend line and the 1250 area, doesn't mean it has to this time, but if it occurs later this year would not surprise me one bit.
I too am curious, and
Posted by sbwoman on 5th of May 2013 at 01:00 pm
I too am curious, and very suspicious. Since I am already in the trade I will be watching closely. I just wish that the markets were more logical.