Tag: cot analysis

Gold & Silver Price Subject To Greediness Of Traders

Gold & Silver Price Subject To Greediness Of Traders

Short covering, triggered by rumours of a potential US downgrade from Moody’s, are sending gold and silver prices vertical. The move higher comes after a very suspicious spike this night in which the silver price was pushed 10% lower within the first hour of Asian trading (with a bank holiday in Europe). The charts show the price action in today’s trading sessions. In our own words: folly of the highest degree, or the metals being subject to greediness of traders.

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Gold & Silver Price Short Term Outlook – April 8th

Gold & Silver Price Short Term Outlook – April 8th

The metals look at least due for a bounce. The levels are so extreme that they need to recover. If a price rally would soon occur, it is very important to monitor what the evolution would be of the speculative length and the open interest for metals.

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Gold & Silver Price Short Term Outlook – 25th March 2013

Gold & Silver Price Short Term Outlook – 25th March 2013

The weekly positions by the large traders have a bullish setup. Short term the price of gold and silver could still see some weakness, but the setup looks like it could rally at any moment. Mainly silver has an extraordinary setup.

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Gold & Silver Price Short Term Outlook – 11th March 2013

Gold & Silver Price Short Term Outlook – 11th March 2013

The sentiment is extremely negative (in the media, fed by the outlook reports of large financial institutions, but even hardcore bulls are throwing in the towel). The data of the large traders, however, show a bullish picture for the time being, both in silver and gold.

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Gold Futures Are Flashing A Bullish Contrarian Signal

Gold Futures Are Flashing A Bullish Contrarian Signal

Gold’s technical breakdown suffered in its recent capitulation selloff naturally unleashed a flood of bearish sentiment. Traders are totally convinced gold’s woes are just starting, that the worst is yet to come. This pessimistic worldview is largely universal, even among futures traders. But their collective bets are actually a strong contrarian indicator. Their bearishness peaks right before major rallies erupt.

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Gold & Silver Traders Positions on March 5th – Weekly Update

Gold & Silver Traders Positions on March 5th – Weekly Update

The latest Standard Bank Research report was published earlier today. As we explained in our short term gold and silver prices forecasts, the report reveals important information when it comes to the positions of the big players, the ones that are moving the markets.

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