OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

As I said, a consensus was building that gold needed to correct–but the commercials didn’t think so

Posted by Richard640 @ 17:24 on July 31, 2020  

Silver

*The large specs reduced their long positions by 15,609 contracts and increased their shorts by 3,838 contracts.

*The commercials increased their longs by 6,303 contracts and reduced their shorts by 8,182 contracts.

*The small specs increased their longs by 1,044 contracts and decreased their shorts by 3,918 contracts.

The commercials reduced their short position to 47,484 contracts.

Gold

*The large specs reduced their long positions by 21,649 contracts and increased their shorts by 7,986 contracts.

*The commercials increased their longs by 10,113 contracts and reduced their shorts by 15,369 contracts.

*The small specs decreased their longs by 1,823 contracts and reduced their shorts by 5,976 contracts.

The commercials reduced their short position to 278,377 contracts.

Not a boring COT report this time. Theoretically, bullish anyway most people will look at it.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.