Keep an eye on the M_Money Long Holdings as shown on the Gold COT Reports that come out every Friday.
www.tradingster.com/...utures/disagg/088691
M_Money holding generally spike in line with Gold prices, and the last Fridays report is showing signs of peaking once again.
This Fridays report will likely show the M_Money peak will likely happen today (8/21/2017).
For those who are interested, I have noted the M_Mony peaks on the above chart for the past few years.
www.tradingster.com/...utures/disagg/088691
www.tradingster.com/...utures/disagg/088691
M_Money holding generally spike in line with Gold prices, and the last Fridays report is showing signs of peaking once again.
This Fridays report will likely show the M_Money peak will likely happen today (8/21/2017).
For those who are interested, I have noted the M_Mony peaks on the above chart for the past few years.
www.tradingster.com/...utures/disagg/088691
Comment:
PSAR Flipped today on 1 day chart:
Comment:
This Fridays report shows that Managed Money once again added 35,348 long positions as of last Tuesday (8/28/2017) for a total of 265,065.
Commercial Shorts are piling in with positions sizes equivalent to 6/6/2016.
Commercial Shorts are piling in with positions sizes equivalent to 6/6/2016.
Comment:
Correction: Commercial Shorts are piling in with positions sizes equivalent to 6/6/2017.
Trade active:
COT Report just released shows the downtrend is intact. Expecting continued weakness into mid to late October:
Getting a bit stretched out now.....and possibly peaking.