Gold Commercial Net Short - WOW what a drop!

    Posted by matt on 29th of Oct 2016 at 12:25 am

    $GOLD - Chart Link - I've been covering the drop in the commercial net short on gold, a couple weeks ago I noted that it had dropped quite rapidly from 315K to 203K in about a month.

    Well....now look at the drop from last week, from 203K to 125K!  That's a hell of a drop in a week.  Remember the data is as of Tues as it's offset by 3 days.

    from the latest report release

    Posted by grueneich on 30th of Oct 2016 at 12:20 pm

    from the latest report release this week reflecting Tues,  I am still seeing its around -217.5k

    Depending on the election results,

    Posted by kattap on 30th of Oct 2016 at 11:36 am

    Depending on the election results, can fall even more and if there is trigger would be good time to buy?

    Will see , thanks for updating this everyweek

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