SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dara who wrote (301555)11/20/2023 11:10:50 AM
From: dara3 Recommendations

Recommended By
Eva
LoneClone
ralfph

  Read Replies (1) of 312289
 
COTS as of November 14, 2023

All Eyes on this Week's Treasury Auction

Switching the latest trend, the commercials decreased their net short position in gold and added to their short position in silver. Both changes were small. See here and here and here.

Gold bounced off its 200 dma. The HUI followed suit and bounced above its 50 dma. Silver had a strong rally to the $23.85 level.

Copper bounced to $3.74 and is trading around its 50 dma.

Platinum and palladium both bounced from their recent lows.

WTIC and natgas made new lows for this move. Gareth Soloway is calling natgas a buy for a short term trade from the $3.00 level.

The rally in the US$ stalled and it dropped from the 105 level to 103.57. The yield on the 10 year US treasuries dropped from 4.65 to 4.44 ahead of another US treasury auction.

Of the market indices the TSX rallied the strongest with the DOW consolidating at its highs and the SPX and QQQ creeping up making news highs for this move.

Ed Steer's comments:

On gold:

"From a COMEX futures market perspective, the set-up in gold is still far away from bullish ..."

On silver:

"The set-up from a COMEX futures market perspective for a continuing and strong rally in silver remains firmly in place...at the discretion of the Big 2 shorts, of course. "





























Disaggregated futures and options - combined report:

cftc.gov

Legacy Report: Futures Only Commodity Exchange Incorporated:

cftc.gov
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News