Friday, January 10, 2020
Commitment of Traders (COT) Data Suggests Gold In Rally Mode
Many people believe the price of Gold will need to fall to support Institutional short positions. We don’t believe this is the case. The Commitment Of Traders (COT) Data suggests Commercial Hedgers have a large and growing shot position that is a very positive sign for a continued rally in Gold and Miners looking forward months from now. (read more here)
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