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


To: dara who wrote (300481)8/12/2023 12:52:53 PM
From: dara2 Recommendations

Recommended By
LoneClone
Pianoman1997

  Read Replies (2) | Respond to of 312311
 
COTS as of August 8, 2023

Strength in PM Stocks

For the third week in a row, the commercials decreased their net short positions in gold and silver.

The interesting charts this week are in energy and the dollar. Most of the precious metals are below their 200 dma with gold still working its way to meet it.

Ed Steer's comments:

On silver:

"...so we're back to being wildly bullish in silver from a COMEX futures market perspective."

On gold:

"the set up in gold still remains somewhat bearish -- and has been that way for many month, compared to their absolute lows of early last fall."

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