Commercials (the great Satan in the eyes of the gold 'community') continue to unwind shorts.
Large specs and little fellers lurch hard to the short side.
Gold CoT is very BULLISH, although not a tight timing tool!
Silver
Friday, January 21, 2011
CoT Interpretation...
Quickie version from one cranky blogger...
Commercials (the great Satan in the eyes of the gold 'community') continue to unwind shorts.
Large specs and little fellers lurch hard to the short side.
Gold CoT is very BULLISH, although not a tight timing tool!
Silvernot bad (actually blah) and you'd like to see the specs getting more bearish as the decline continues. http://www.biiwii.blogspot.com
Commercials (the great Satan in the eyes of the gold 'community') continue to unwind shorts.
Large specs and little fellers lurch hard to the short side.
Gold CoT is very BULLISH, although not a tight timing tool!
Silver
