The Commitment of Traders Report
Silver
*The large specs increased their long positions by 2,275 contracts and reduced their shorts by 2,741 contracts.
*The commercials reduced their longs by 794 contracts and decreased their shorts by 254 contracts.
*The small specs reduced their longs by 3,341 contracts and increased their shorts by 1,135 contracts.
Gold
*The large specs decreased their long positions by 6,738 contracts and increased their shorts by 12,452 contracts.
*The commercials increased their longs by 1,584 contracts and reduced their shorts by 19,310 contracts.
*The small specs increased their longs by 975 contracts and increased their shorts by 2,379 contracts.
Silver boring. Good to see shift in gold, but it occurred before gold’s rally.