CFTC commitment of traders report was released on Friday (27th May) and cover positions up to Tuesday (24th May). COT report is not a complete presenter of entire market positions, however it represents a good chunk of institutional traders, to have a feel of what expected by the big players.
Kindly note in some cases numbers are rounded to nearest decimal.
- Gold – Net position long and decreasing
As gold price is falling over past nine days, investors pull money out at record pace. Net long position got reduced by 59,656 contracts to +206.6K contracts.
- Copper – Net position short and increasing
Copper net short position saw another sharp increase in position. Net short position increased by 10,407 contracts to -41K contracts.
- Silver – Net position long and decreasing
Silver net long position declined sharply by 11,318 contracts to +65.9K contracts.
- WTI Crude – Net position long and decreasing
Crude oil saw sizable decrease in net long position by 20,627 contracts to +348.1K contracts.
- Natural gas – Net position short and increasing
Natural gas saw sharp increase in net short position by 24,236 contracts to -156.7K contracts.
The material has been provided by InstaForex Company – www.instaforex.com