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.
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.
The next chart takes a longer-term look at gold…"
at http://kingworldnews.com/commercial-short-positions-in-silver-hit-all-time-highs-gold-shorts-near-all-time-record/
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