Gold Weekly CoT Update

by Dan Norcini
Trader Dan

We received a batch of astounding numbers in this weeks’ COT report for not only silver, but also for gold.

Guess what? Hedge funds are at a new all-time high on the long side exposure of gold.

[…] Notice how they have blown past the former peak made all the way back in 2011.

Against that, the Swap Dealers have extended their already record high Net Short position even further this week.

Those are the NET POSITIONS.

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