gold commercial net short

    Posted by matt on 27th of Jul 2018 at 04:05 pm

    $GOLD - Chart Link- new number is 66k, so drifting lower (and is likely lower at this moment as this number represents Tuesday's close), however this can continue drifting a lot lower still, that's why you need some sort of trigger technically via the charts.

    Again it doesn't pay to be a 'bug' gold bug, who's always bullish, those guys are crying the last few months now.  

    Open interest rose and the

    Posted by torvix on 27th of Jul 2018 at 11:15 pm

    Open interest rose and the price fell, this is bearish on the face of it.

    yeah I didn't say it

    Posted by matt on 28th of Jul 2018 at 08:33 pm

    yeah I didn't say it was bullish, just reported the updated number and said it could go a lot lower before it's done and that it doesn't pay to be a 'bug'

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