![Our data shows traders are now at their least net-long Gold since Dec 02 when Gold traded near 2,071.86. Our data shows traders are now at their least net-long Gold since Dec 02 when Gold traded near 2,071.86.](/files/images/20240304/c22e46583f897b1f07c090d5f1.png)
Number of traders net-short has increased by 50.11% 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 : Our data shows traders are now at their least net-long Gold since Dec 02 when Gold traded near 2,071.86. The number of traders net-long is 7.46% higher than yesterday and 20.48% lower from last week, while the number of traders net-short is 13.60% higher than yesterday and 50.11% higher from last week.
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.