We are seeing something that's never before happened in gold futures; commercials (producers, swap dealers, etc.) are getting longer (net long 25,866 contracts or slightly... Continued
Futures Speculators Pile Into Gold After Monthly Employment Report
This afternoon's CFTC Commitment of Traders report reveals that last Friday's disappointing U.S. employment report led to a surge in net length by large speculators... Continued
Gold Turns Constructive After Third Week of Correction
Gold found support exactly where it was supposed to this morning: Gold (Daily) The confluence of the rising 50-day simple moving average, the lower... Continued
The Last Time Producers Were This Short of Gold Futures Gold Crashed Two Months Later
Gold producers haven't been this short of gold futures since a couple of months before the April 2013 gold crash: Gold (5-year) with Commitments... Continued
It’s Time To Lighten Up On Gold
Since breaking higher from a bullish pennant pattern on March 3rd gold has run into stiff resistance above $1275: Gold (Daily) The bearish divergences... Continued
The Dumb Money is Suddenly Dangerously Long Gold Futures
Despite a ~$70/ounce pullback since trading up to $1263.90 a couple of weeks ago gold futures speculators continued to pile on bullish bets, reaching the... Continued
The Gold Boat is Filling Up Fast
Gold spent last week consolidating the gains of the previous weeks within a pennant pattern: Gold (Daily) It is likely that we will have... Continued
A Stunning Gold COT Report
This afternoon's Commitments of Traders report released by the CFTC was surprising in that we learned that small speculators actually increased net short length during... Continued
3 Reasons It’s Time To Buy Copper
Copper has suffered a painful decline of more than 30% since May: Copper (Daily) Meanwhile bearish sentiment has continued to grow stronger as price... Continued
Buying Opportunity In Gold Could Arise Before New Year’s
Gold is well on its way down to an important area of potential support around $1,000/oz; there is a great deal of confluence and price... Continued