Gold Commercial Net Short

    Posted by matt on 14th of Jul 2017 at 07:23 pm

    $GOLD - Chart Link - wow the Net Short on Gold as of Tues was 75K, that probably points to a decent low being put in last week

    I notice the Large Specs

    Posted by saturn6 on 15th of Jul 2017 at 06:24 am

    I notice the Large Specs (Who are usually wrong) were going the opposite way too the same with Silver

    As for clarification Matt, how do you compute the COT data to arrive at 75K Net Short as the details below suggest to me the Commercials were Long 131,190 & short 238,416 thereby giving a Net Short of 107K/?...

    Saturn you're looking at the

    Posted by matt on 15th of Jul 2017 at 03:13 pm

    Saturn you're looking at the previous week's data, here's the current one

    yes the large specs are always gonna be inverse to the commercials i.e. the most long when the commercials have the highest short and the smallest longs when the commercials have the lowest shorts

    That explains it Matt... Feel a

    Posted by saturn6 on 15th of Jul 2017 at 03:30 pm

    That explains it Matt... Feel a right donut now   Undecided

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