Loading ...The Commitment of Traders Report
Silver
*The large specs reduced their long positions by 6,027 contracts and reduced their short positions by 3,218 contracts.
*The commercials decreased their longs by 104 contracts and reduced their shorts by 3,484 contracts.
*The small specs reduced their longs by 1,925 contracts and decreased their shorts by 1,354 contracts.
The commercials reduced their net short position to 41,300 contracts.
Gold
*The large specs reduced their long positions by 30,399 contracts and reduced their longs by 882 contracts.
*The commercials reduced their long positions by 7,628 contracts and decreased their shorts by 35,492 contracts.
*The small specs reduced their longs by 2,120 contracts and reduced their shorts by 3,773 contracts.
The commercials reduced their net short position to 283,959 contracts.
All the various players are exiting the scene. However, the silver commercials net short position is near our magic 135,000 number, while the gold commercials are frantically doing what they can to exit their short gold positions.