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POSTED ON October 31, 2021  - POSTED IN Exploring Finance

Hedge funds closed shorts and went long in both gold and silver in October.

Please note: the COTs report was published 10/29/2021 for the period ending 10/26/2021. “Managed Money” and “Hedge Funds” are used interchangeably.

The Commitment of Traders analysis last month highlighted the potential over-extension of the shorts leading to a rebound. This proved to be the case in a big way. Unfortunately, the momentum lost steam and the $1810s for gold presented too much resistance.

POSTED ON August 22, 2021  - POSTED IN Exploring Finance

The price of gold and silver can be driven by many variables both technical and fundamental. Fundamental drivers include Fed meetings/speeches, its balance sheetinflation datajobs numbers, market risk appetite, etc.

This analysis examines some of the more technical factors driving prices (e.g. Comex OI, Miners price action, technical price action). The CFCT Cots report can show investor positioning but is covered in another analysis.

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