Number of traders net-short has increased by 32.02% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
|
Daily Weekly |
Daily Weekly |
Daily Weekly |
Gold : In fact, traders have remained net-short since Dec 04 when Gold traded near 2,033.92, price has moved 0.88% higher since then. The number of traders net-long is 16.01% lower than yesterday and 15.36% lower from last week, while the number of traders net-short is 30.36% higher than yesterday and 32.02% higher from last week.
Our data shows traders are now net-short Gold for the first time since Dec 04, 2023 when Gold traded near 2,033.92. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Gold-bullish contrarian trading bias.