Commodity Trade Mantra

Posts Tagged ‘Gold Futures Longs’

Gold Futures Speculators Missed the Boat - What Happens When They Begin Buying?

Distracted by extreme Trumphoria market distortions, futures speculators have totally missed this gold boat. They won’t stay on the sidelines for long though as gold keeps powering higher. They will rush to get properly positioned for more gold upside. All that coming buying will feed on itself and really accelerate gold’s new upleg, catapulting gold prices much higher.

Brutal Gold Futures Selling Seems to be Exhausting Itself

Nearly 2/3rds of long-side gold futures buying fueling 2016’s gold bull has been reversed! Thankfully this extreme gold futures selling looks wildly overdone. This supply of paper gold is very finite. And once all the weak-handed traders susceptible to being scared into selling low have largely exited, this extreme futures selling will dry up. Odds are this gold futures selling is exhausting itself.

Unwinding of Excessive Gold Futures Longs - One of the Best Buying Opportunities

Gold sees major interim tops in bulls and bears alike whenever speculators’ long positions surge up to relatively-high levels. While these elite traders don’t control gold’s long-term trends driven by fundamentals, their collective trading can sure bully gold over the short term. The unwinding of speculators’ excessive gold futures longs offers some of the best mid-bull buying opportunities.

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