Gold, Silver & Copper CoT data improve from already constructive to bullish alignments

In an ‘all one market’ signal, gold, silver and copper are contrary constructive, bullish and bullish respectively by sentiment/positioning in the Commitments of Traders Gold improved this week from an already okay alignment as large Specs sold and shorted, Commercials covered shorts and bought and little guys net shorted. Not bad. From CFTC… Silver was already very bullish by the contrary CoT view and now … Continue reading Gold, Silver & Copper CoT data improve from already constructive to bullish alignments

palladium cot

Bullish CoT data on precious and non-precious metals alike

Metals Commitments of Traders are contrary bullish The gold price chart is looking bad technically. But the gold CoT alignment, especially where the little guy (blue) is concerned, is contrary bullish, or at least constructive. Charts from CotBase. Silver CoT is in great shape, while the silver price chart err… isn’t. There are long-term support levels (not shown on this chart) we are using, however, … Continue reading Bullish CoT data on precious and non-precious metals alike

About the Silver CoT Setup

A screenshot from NFTRH 630: Silver bugs want to see this get fixed, plain and simple. If you hear any excuse making or worse, accusations of wrong-doing pretending to be analysis, you might want to run away from that garbage, which sadly and all too often emanates from the gold/silver bug “community”. The run up in silver was epic and so now in hindsight, should … Continue reading About the Silver CoT Setup