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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: dara who wrote (299336)4/30/2023 9:43:48 PM
From: dara1 Recommendation

Recommended By
LoneClone

  Read Replies (1) | Respond to of 312346
 
COTS as of April 25, 2023

All Is Quiet on the Western Front

This week the commercials had a net decrease in their silver short position and small increase in their net short position in gold.

The Fed meets Tuesday and Wednesday of this week. We'll see how their announcement affects the markets.

Ed Steer's Comments:

on silver:

"... the set-up in silver is still very bullish ..."

and on gold:

"So, from a COMEX futures market perspective, the set-up in gold is pretty bearish. I believer that Ted said that it hasn't been this bearish in gold since this time last year."

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