Last time it was <2%. Ross Clark watches % net short. In COT analysis many use different data.
It is simple to visual that when Commercial shorts is increasing gold is going higher and at top it reverses and shorts decreases as price comes down to bottom consolidation.
out of curiosity, what would a bullish percent Commercial short position look like?
Last time it was <2%. Ross Clark watches % net short. In COT analysis many use different data.
It is simple to visual that when Commercial shorts is increasing gold is going higher and at top it reverses and shorts decreases as price comes down to bottom consolidation.