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Currency Speculators trim US Dollar Index bets for 9th week. AUD & NZD bets rise

December 7th – By CountingPips.comReceive our weekly COT Reports by Email

US Dollar Index Speculator Positions

Large currency speculators continued to lower their bullish net positions in the US Dollar Index futures markets once again this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of US Dollar Index futures, traded by large speculators and hedge funds, totaled a net position of 23,877 contracts in the data reported through Tuesday December 3rd. This was a weekly lowering of -261 contracts from the previous week which had a total of 24,138 net contracts.

This week’s net position was the result of the gross bullish position (longs) gaining by 1,949 contracts (to a weekly total of 31,182 contracts) compared to the gross bearish position (shorts) which saw an advance by 2,210 contracts on the week (to a total of 7,305 contracts).

US Dollar Index bets continued their downfall this week as positions have declined for nine weeks in a row and by a total of -19,151 contracts over that time. The dollar index positioning, despite the recent declines, remains bullish and has continued to stayed above the +20,000 net contract level for seventy-seven consecutive weeks.


Individual Currencies Data this week:

Overall, the major currencies that saw improving speculator positions this week were the British pound sterling (6,526 contracts), Canadian dollar (1,127 contracts), Australian dollar (8,922 contracts) and the New Zealand dollar (8,834 contracts).

The currencies whose speculative bets declined this week were the US dollar index (-261 weekly change in contracts), euro (-7,633 weekly change in contracts), Japanese yen (-8,232 contracts), Swiss franc (-1,312 contracts) and the Mexican peso (-5,522 contracts).

Notables:

New Zealand dollar positions improved this week by over +8,000 contracts and have seen less bearish levels in four out of the past five weeks. The current level of NZD positions remains bearish at -26,992 contracts but is down from the record bearish position of -42,474 contracts that was recorded on October 1st.

Australian dollar positions also improved this week by over +8,000 contracts and have seen better positioning in the past two weeks. AUD contracts still remain in bearish levels but bearish bets have declined to -36,433 contracts this week after spending thirty-five straight weeks above the -40,000 net contract level from March 5th to October 29th.

Canadian dollar positions rose slightly this week after having declined in the previous three weeks. Overall, the CAD positioning remains in bullish territory for the twenty-third straight week after turning bullish in early July. The Canadian dollar is only one of three major currencies currently with overall bullish net positions (USD Index and Mexican peso being the other ones).


Chart: Current Strength of Each Currency compared to their 3-Year Range

See the table and individual currency charts below.


Table of Large Speculator Levels & Weekly Changes:

Currency Net Speculator Position Specs Weekly Change
USD Index 23,877 -261
EuroFx -69,049 -7,633
GBP -30,050 6,526
JPY -47,823 -8,232
CHF -22,287 -1,312
CAD 21,471 1,127
AUD -36,433 8,922
NZD -26,992 8,834
MXN 130,127 -5,522

 

This latest COT data is through Tuesday and shows a quick view of how large speculators or non-commercials (for-profit traders) were positioned in the futures markets. All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the dollar will gain versus the euro.

 


Weekly Charts: Large Trader Weekly Positions vs Price

EuroFX:

The Euro large speculator standing this week equaled a net position of -69,049 contracts in the data reported through Tuesday. This was a weekly fall of -7,633 contracts from the previous week which had a total of -61,416 net contracts.


British Pound Sterling:

The large British pound sterling speculator level recorded a net position of -30,050 contracts in the data reported this week. This was a weekly gain of 6,526 contracts from the previous week which had a total of -36,576 net contracts.


Japanese Yen:

Large Japanese yen speculators totaled a net position of -47,823 contracts in this week’s data. This was a weekly lowering of -8,232 contracts from the previous week which had a total of -39,591 net contracts.


Swiss Franc:

The Swiss franc speculator standing this week equaled a net position of -22,287 contracts in the data through Tuesday. This was a weekly lowering of -1,312 contracts from the previous week which had a total of -20,975 net contracts.


Canadian Dollar:

Canadian dollar speculators was a net position of 21,471 contracts this week. This was a gain of 1,127 contracts from the previous week which had a total of 20,344 net contracts.


Australian Dollar:

The large speculator positions in Australian dollar futures came in at a net position of -36,433 contracts this week in the data ending Tuesday. This was a weekly advance of 8,922 contracts from the previous week which had a total of -45,355 net contracts.


New Zealand Dollar:

The New Zealand dollar speculative standing equaled a net position of -26,992 contracts this week in the latest COT data. This was a weekly increase of 8,834 contracts from the previous week which had a total of -35,826 net contracts.


Mexican Peso:

Mexican peso speculators equaled a net position of 130,127 contracts this week. This was a weekly fall of -5,522 contracts from the previous week which had a total of 135,649 net contracts.


Article By CountingPips.comReceive our weekly COT Reports by Email

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

 

WTI Crude Oil Speculators sharply dropped their bullish bets after strong run up

December 7th – By CountingPips.comReceive our weekly COT Reports by Email

WTI Crude Oil Non-Commercial Speculator Positions:

Large energy speculators cut back on their bullish net positions in the WTI Crude Oil futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 428,035 contracts in the data reported through Tuesday December 3rd. This was a weekly decline of -42,901 net contracts from the previous week which had a total of 470,936 net contracts.

The week’s net position was the result of the gross bullish position (longs) falling by -22,617 contracts (to a weekly total of 531,120 contracts) while the gross bearish position (shorts) increased by 20,284 contracts for the week (to a total of 103,085 contracts).

Crude oil speculators cooled off on their bullish positions this week following a strong run over the previous two months. Bullish bets had previously risen for seven consecutive weeks through November 26th and gained by a total of +115,851 bets in that time-frame. This week’s decline by over -40,000 net contracts marks the highest one-week fall since June while the overall standing (+428,035 contracts) remains above the +400,000 contract level for a fifth straight week.

WTI Crude Oil Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -437,710 contracts on the week. This was a weekly boost of 37,066 contracts from the total net of -474,776 contracts reported the previous week.

WTI Crude Oil Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the WTI Crude Oil Futures (Front Month) closed at approximately $56.10 which was a decline of $-2.31 from the previous close of $58.41, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Speculators raised their bearish bets to 11-week high

December 7th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators added to their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -221,895 contracts in the data reported through Tuesday December 3rd. This was a weekly change of -76,150 net contracts from the previous week which had a total of -145,745 net contracts.

The week’s net position was the result of the gross bullish position (longs) tumbling by -5,978 contracts (to a weekly total of 702,318 contracts) while the gross bearish position (shorts) jumped by 70,172 contracts for the week (to a total of 924,213 contracts).

10-Year speculators added to their bearish bets for the second time in three weeks and by a total of -73,101 contracts over that time-frame. This rise in bearishness pushed the overall bearish standing to the highest level in eleven weeks, dating back to September 17th. Despite the recent uptick in bearish bets, the current level (-221,895 contracts) remains below the 2019 average level of -257,672 contracts.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 241,919 contracts on the week. This was a weekly increase of 116,614 contracts from the total net of 125,305 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $130.03 which was an advance of $0.28 from the previous close of $129.75, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

Gold Speculators lifted their bullish bets to highest in 10 weeks

December 7th – By CountingPips.comReceive our weekly COT Reports by Email

Gold Non-Commercial Speculator Positions:

Large precious metals speculators increased their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of 290,705 contracts in the data reported through Tuesday December 3rd. This was a weekly gain of 19,071 net contracts from the previous week which had a total of 271,634 net contracts.

The week’s net position was the result of the gross bullish position (longs) increasing by 21,239 contracts (to a weekly total of 346,525 contracts) while the gross bearish position (shorts) rose by just 2,168 contracts for the week (to a total of 55,820 contracts).

Gold speculators boosted their bets to the highest level in ten weeks this week. The current bullish level is now at the highest standing standing since September 24th when the net position totaled +312,444 contracts. Overall, speculative positions have gained in six out of the past nine weeks to maintain an overall strong bullish level.

Gold Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -322,787 contracts on the week. This was a weekly decrease of -17,320 contracts from the total net of -305,467 contracts reported the previous week.

Gold Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Gold Futures (Front Month) closed at approximately $1484.40 which was an uptick of $17.00 from the previous close of $1467.40, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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VIX Speculators cut bearish bets for a 2nd week after record high

December 7th – By CountingPips.comReceive our weekly COT Reports by Email

VIX Non-Commercial Speculator Positions:

Large volatility speculators dropped their bearish net positions in the VIX futures markets for a second straight week this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of VIX futures, traded by large speculators and hedge funds, totaled a net position of -199,312 contracts in the data reported through Tuesday December 3rd. This was a weekly change of 11,387 net contracts from the previous week which had a total of -210,699 net contracts.

The week’s net position was the result of the gross bullish position (longs) sliding by -4,902 contracts (to a weekly total of 75,209 contracts) while the gross bearish position (shorts) fell by a larger amount of -16,289 contracts for the week (to a total of 274,521 contracts).

VIX speculators decreased their bearish positions for two straight weeks and by a total of 19,050 contracts over that period. Previously, speculative positions had risen to an all-time record high bearish level for four consecutive weeks with the latest bearish top coming in at a total of -218,362 contracts on November 19th. This week’s total standing of -199,312 contracts marks the first time contracts have been under -200,000 since late October.

VIX Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 208,807 contracts on the week. This was a weekly shortfall of -12,052 contracts from the total net of 220,859 contracts reported the previous week.

VIX Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the VIX Futures (Front Month) closed at approximately $16.22 which was a rise of $2.35 from the previous close of $13.87, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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Silver Speculators cut back on their bullish bets for 1st time in 3 weeks

December 7th – By CountingPips.comReceive our weekly COT Reports by Email

Silver Non-Commercial Speculator Positions:

Large precious metals speculators slightly pulled back on their bullish net positions in the Silver futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of 50,227 contracts in the data reported through Tuesday December 3rd. This was a weekly dip of -2,283 net contracts from the previous week which had a total of 52,510 net contracts.

The week’s net position was the result of the gross bullish position (longs) tumbling by -1,654 contracts (to a weekly total of 89,241 contracts) while the gross bearish position (shorts) rose by 629 contracts for the week (to a total of 39,014 contracts).

Silver speculators decreased their bullish bets this week following gains in the previous two straight weeks. Despite this week’s decline, the overall standing remains very bullish and above the +50,000 net contract level for a second consecutive week. This is first time silver bets have been higher than +50,000 net contracts for two straight weeks since September 17th and 24th.

Silver Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -74,299 contracts on the week. This was a weekly drop of -426 contracts from the total net of -73,873 contracts reported the previous week.

Silver Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Silver Futures (Front Month) closed at approximately $1724.80 which was a rise of $6.00 from the previous close of $1718.80, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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Copper Speculators slightly reduced their bearish bets this week

December 7th – By CountingPips.comReceive our weekly COT Reports by Email

Copper Non-Commercial Speculator Positions:

Large precious metals speculators cut back on their bearish net positions in the Copper futures markets for the first time in four weeks, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of -37,707 contracts in the data reported through Tuesday December 3rd. This was a weekly change of 855 net contracts from the previous week which had a total of -38,562 net contracts.

The week’s net position was the result of the gross bullish position (longs) advancing by 3,059 contracts (to a weekly total of 64,225 contracts) while the gross bearish position (shorts) rose by a lesser amount of 2,204 contracts for the week (to a total of 101,932 contracts).

Copper speculators trimmed their bearish bets after having added to bearish positions in the previous three weeks (by a total of -15,251 contracts). The copper speculative standing continues to remain very bearish overall and is above the -35,000 net contract level for a third consecutive week.

Copper Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 35,628 contracts on the week. This was a weekly drop of -1,010 contracts from the total net of 36,638 contracts reported the previous week.

Copper Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Copper Futures (Front Month) closed at approximately $262.30 which was a fall of $-7.45 from the previous close of $269.75, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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WTI Crude Oil Speculators sharply boosted their bullish bets last week, higher for 7th week

December 2nd – By CountingPips.comReceive our weekly COT Reports by Email

WTI Crude Oil Non-Commercial Speculator Positions:

Large energy speculators sharply advanced their bullish net positions in the WTI Crude Oil futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Monday (delayed due to Thanksgiving holiday).

The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 470,936 contracts in the data reported through Tuesday November 26th. This was a weekly gain of 40,961 net contracts from the previous week which had a total of 429,975 net contracts.

The week’s net position was the result of the gross bullish position (longs) growing by 12,317 contracts (to a weekly total of 553,737 contracts) while the gross bearish position (shorts) dropped by -28,644 contracts for the week (to a total of 82,801 contracts).

Crude oil speculators continued to raise their bullish positions for a seventh straight week and now by a total of +115,851 contracts over that time-frame. The boost in bets last week brings the overall position to the most bullish level in twenty-seven weeks.

WTI Crude Oil Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -474,776 contracts on the week. This was a weekly shortfall of -33,632 contracts from the total net of -441,144 contracts reported the previous week.

WTI Crude Oil Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the WTI Crude Oil Futures (Front Month) closed at approximately $58.41 which was an advance of $3.06 from the previous close of $55.35, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Speculators trimmed their bearish bets last week

December 2nd – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators reduced their bearish net positions in the 10-Year Note futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Monday (delayed due to Thanksgiving holiday).

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -145,745 contracts in the data reported through Tuesday November 26th. This was a weekly change of 37,779 net contracts from the previous week which had a total of -183,524 net contracts.

The week’s net position was the result of the gross bullish position (longs) gaining by 30,587 contracts (to a weekly total of 708,296 contracts) while the gross bearish position (shorts) fell by -7,192 contracts for the week (to a total of 854,041 contracts).

Ten-year speculators cut back on their bearish bets for the second time in the past three weeks and for the ninth time out of the past twelve weeks. The overall net position has now been under the -200,000 contract level for ten straight weeks, dating back to September 24th.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 125,305 contracts on the week. This was a weekly fall of -57,333 contracts from the total net of 182,638 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $129.75 which was an advance of $0.28 from the previous close of $129.46, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

Gold Speculators cut back on their bullish bets last week

December 2nd – By CountingPips.comReceive our weekly COT Reports by Email

Gold Non-Commercial Speculator Positions:

Large precious metals speculators lowered their bullish net positions in the Gold futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Monday (delayed due to Thanksgiving holiday).

The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of 271,634 contracts in the data reported through Tuesday November 26th. This was a weekly change of -14,225 net contracts from the previous week which had a total of 285,859 net contracts.

The week’s net position was the result of the gross bullish position (longs) tumbling by -12,010 contracts (to a weekly total of 325,286 contracts) while the gross bearish position (shorts) rose by 2,215 contracts for the week (to a total of 53,652 contracts).

Gold speculators had increased their bullish positions in four out of the previous five weeks before last week’s decline. The overall bullish position remains strong and above the +250,000 net contract level for a nineteenth straight week.

Gold Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -305,467 contracts on the week. This was a weekly rise of 13,628 contracts from the total net of -319,095 contracts reported the previous week.

Gold Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Gold Futures (Front Month) closed at approximately $1467.40 which was a decrease of $-6.90 from the previous close of $1474.30, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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