Commitment of traders (+silver)
Damm.. feel like I JUST did a COT analysis… time flies by fast in quarantine… can’t track time anymore.
Had fun using an intermediate time frame with the weekly.
Not much changed… just showing gold is back atop mount Everest… hopefully finding some higher peaks to climb!
Edit. Adding context to non-apparent changes. Looks like while some bullion banks are covering shorts.. others are picking up the slack.. concentrating max pain in one area.
Comex swap shorts in COT figures for last Tuesday increased slightly, which tells us LBMA/Comex made no headway fixing broken markets. I am surprised, thinking it would fall to -125k. Instead it ROSE to 172,157 from 165,178. Game on still. pic.twitter.com/xwUqd03yfo
— Alasdair Macleod (@MacleodFinance) April 17, 2020
Edit: adding cot for silver… looking good on ALL accounts…