2024-07-01 13:20:00 ET
Summary
- CoTs report shows Managed Money dominates gold and silver price action.
- Gold net positioning drifting up, silver at highest point in years.
- Futures traders drive short-term moves, long-term driven by fundamentals like central bank buying.
By Schiffgold
Originally published on June 29, 2024
Please note: the CoTs report was published 06/28/2024 for the period ending 06/25/2024. “Managed Money” and “Hedge Funds” are used interchangeably. ...
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For further details see:
COTs Report: The Options Market Shows Speculators Are Back