Sunday, May 15, 2016

Here Are The Most Shocking Charts That Relate To Gold, Silver And Mining Shares!

"On the heels of some fierce trading this week in the dollar, gold and silver, below is an extremely important update on the war that is raging in the gold and silver markets.
The following charts are from Jason Goepfert at SentimenTrader.
Commercial Short Positions In Gold Near All-Time Highs
King World News note:  Below you can see the commercial hedgers have added aggressively to their short positions in the gold market this week.  There was very little change in commercial short positions reported for this week (see 10-year chart below).  That does not mean that the price of gold cannot continue heading significantly higher in the short-term, but it does raise a caution flag.
KWN SentimenTrader I 5:13:2016
The next chart takes a longer-term look at gold…"

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