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Strategies & Market Trends : Ride the Tiger with CD

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LoneClone
To: dara who wrote (299687)6/3/2023 11:44:39 AM
From: dara1 Recommendation  Read Replies (1) of 312334
 
COTS as of May 30, 2023

All Eyes on the US Dollar

Similarly to last week, the commercials decreased their net short position in both silver and gold by decreasing their shorts and increasing their longs. The change in silver was very small while the change in gold was slightly larger (still small though).

Ed Steer's Comments:

on silver:

"Silver is locked and loaded for a big move higher...whenever that is allowed. It's been in this state for quite some time now."

on gold:

" ... the short position by the Big 8 is still very bearish in the overall ..."

Check out the graphs this week as they show the build up in net short positions more clearly. They are labelled "Position: Short" under the tradingster links here and here.



















Disaggregated futures and options - combined report:

cftc.gov

Legacy Report: Futures Only Commodity Exchange Incorporated:

cftc.gov
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