Gold and Silver Speculators Have Left the Building

Gold and Silver Speculators Have Left the Building by Jordan Roy-Byrne We use a combination of sentiment analysis and technical analysis in market timing which often gets a bad name courtesy of mainstream retail nonsense. The dumb money tries...

Headline Fear Hides Gold’s Bullish Money Flows

  Connected interests (commercial traders) have not only covered their short position but also increased their long positions dramatically since early August. Commercial traders’ longs positions as a percentage of open interest has increases from 29.8% to 35.2% over...

Gold in Excellent Position for Seasonal Breakout

This material is an excerpt from a premium update Last week we wrote about Silver so this week we decided to provide an update on Gold. In looking at the price action and sentiment indicators we find that Gold...

Gold at Record Highs, but Bullish Sentiment Lags

Over the past few weeks Gold has traded at or near record highs. It has yet to embark on a sustained breakout but that is not because Gold is a crowded trade. In recent months money has moved into...

Spec Money Exits Gold & Silver but Remains Heavily Long Other Markets

There are many ways to measure market sentiment. We use surveys, put-call ratios, fund flows data and for commodities especially, the commitment of traders reports (COT). Lately, we’ve noted the improving sentiment picture for Gold. As a market weakens...

Positive COT Structure for Gold and Silver

The Commitment of Traders report (COT) comes out every Friday. The data is as of Tuesday so there is a lag. The COT data provides important data about the construct of the market. It tells important information such as...

Gold Technicals: COT in a Trap

The gold uptrend line in place from $1156 broke last night. Here’s a look at that break: Gold Uptrend Snapped......

Connected Money Continues to ‘Reposition’

Gold does provides the leadership, but it is the gold shares that do the heavy lifting. Not only have gold shares provide excellent returns but also

Paper Short Gold Positions Hit Fresh Record, As EUR Reshorting Persists In Early Part Of Week

This week’s CFTC report indicates that commercial shorts on the CFTC, both gross and net (excluding commercial longs) have hit another fresh all time record, at -482k and -290k. Should the ongoing asset liquidation squeeze forcing gold prices to...

EUR Shorts Return, As Commercial Gold Net Short Positions Hit All Time Record

A week after the EUR posted the biggest short covering rally in history, expunging every single weak hand after a move wiped out 44% of all net shorts, the bearish speculative bets on the EUR are once again rising,...