GOLD COT update - 19000 LONGS CLOSED!
NON COMM traders closed 19000 Longs on their gold portfolio.
We had 3 targets on our longs. Target 1 and 2 have been reached.
Looks like possible downside pressure will be possible from here.
Longs are all closed and awaiting new setup
We had 3 targets on our longs. Target 1 and 2 have been reached.
Looks like possible downside pressure will be possible from here.
Longs are all closed and awaiting new setup
Comment:
No trade available at the moment. Waiting for new setup. Keeping in mind that 19000 longs have been closed
Comment:
COT report numbers do not lie.