Gold & Silver Commitments of Traders

The gold and silver CoT data improved nicely this week

And this was on Tuesday, before the metals got the majority of this week’s bearish price activity. All in all, nice progress here.

Gold sees large specs puking and Commercial traders taking some longs and covering some shorts. The little guy had enough and started shorting.

gold cot

The silver CoT shows large Specs selling and shorting and Commercials covering a bunch of shorts. The little guy barfed up a bunch of longs and hopefully, that stoopid #silversqueeze promo.

silver cot

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