3309 Drysdale Ct
Edwardsville, IL 62025
Source: Simple Digressions The chart above illustrates the ratio defined as: Long positions held by money managers in gold futures / Short positions held by money managers in gold futures Now this ratio stands at 13.4 (the red circle on the right), a very close reading to that printed in early September 2016 when the precious market was topping (the red circle on the left). In my opinion, it is a clear sign of overly bullish conditions.
Source: Simple Digressions
The chart above illustrates the ratio defined as:
Long positions held by money managers in gold futures / Short positions held by money managers in gold futures
Now this ratio stands at 13.4 (the red circle on the right), a very close reading to that printed in early September 2016 when the precious market was topping (the red circle on the left). In my opinion, it is a clear sign of overly bullish conditions.
Subscribe to our email list for regular free market updates as well as a chance to get coupons!
Money managers near extremes on Gold long positions
Posted by steve101 on 26th of Aug 2017 at 06:07 pm
Source: Simple Digressions
The chart above illustrates the ratio defined as:
Long positions held by money managers in gold futures / Short positions held by money managers in gold futures
Now this ratio stands at 13.4 (the red circle on the right), a very close reading to that printed in early September 2016 when the precious market was topping (the red circle on the left). In my opinion, it is a clear sign of overly bullish conditions.