Speculators reduce bullish positions on Gold

June 15, 2015

As per the data released by the Commodity Futures Trading Commission (CFTC), speculators sharply reduced gold bullish positions last week and decreased their overall bullish bets for a third straight week. 

The non-commercial futures contracts of Comex gold futures witnessed a weekly change of -29,320 contracts to total a net position of +75,090 contracts during the reporting time period - June 2nd to June 9th. The weekly bearish positions rose by 21,834 contracts that combined with a decrease in the weekly bearish positions by 7,486 contracts. 

Meanwhile, during the reporting time period, gold price dropped from approximately USD 1,194.40/Oz to USD 1,177.60/Oz

Publication source
HYCM information  HYCM reviews

February 21, 2017
Fed Harker's hawkish comments revives the U.S. dollar
While the U.S. dollar was seen slipping during a quiet trading session on Monday which saw the U.S. markets closed, the greenback got a boost with hawkish comments from Fed's Patrick Harker from Philadelphia...
February 21, 2017
Global risk appetite remains strong
The Australian economy continues to be a roller coaster for any Aussie bulls, but one thing is certain the markets are not paying too much attention at present with the AUDUSD being one of the stand out performers in 2017 so far.
February 20, 2017
U.S. dollar attempts to post a recovery amid a slow trading day
The U.S. dollar is attempting to post some gains to build up from Friday's reversal. Price action has formed an inside bar among EURUSD and USDJPY which could indicate a potential breakout trading that could establish the near-term direction of prices...

FX Giants Rating
Grand Capital Rating
Fort Financial Services Rating
Orbex Rating
NPBFX Rating

OptionBit Rating
OptionRally Rating
Migesco Rating
TopOption Rating
Beeoptions Rating
UKoptions Rating