{"id":108332,"date":"2017-07-01T10:50:49","date_gmt":"2017-07-01T14:50:49","guid":{"rendered":"http:\/\/countingpips.com\/?p=108332"},"modified":"2017-07-01T13:00:11","modified_gmt":"2017-07-01T17:00:11","slug":"silver-speculators-reduced-bullish-net-positions-for-3rd-straight-week","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/07\/silver-speculators-reduced-bullish-net-positions-for-3rd-straight-week\/","title":{"rendered":"Silver Speculators reduced bullish net positions for 3rd straight week"},"content":{"rendered":"
July 1, 2017<\/div>
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By CountingPips.com<\/strong> – Receive our weekly COT Reports by Email<\/strong><\/a><\/p>\n

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Silver Non-Commercial Speculator Positions:<\/strong><\/p>\n

Large speculators continued to decrease their net positions in the Silver futures markets this week for a third consecutive week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.<\/p>\n

The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of 35,532 contracts in the data reported through Tuesday June 27th. This was a weekly reduction of -11,149 contracts from the previous week which had a total of 46,681 net contracts.<\/p>\n

Silver speculative positions have now fallen to the lowest level since\u00a0January 19th 2016 when net bullish positions totaled +28,958 contracts.<\/p>\n

Silver Commercial Positions:<\/strong><\/p>

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Free Reports:<\/p><\/div>\r\n

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<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

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<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

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The commercial traders position, categorized by the CFTC as hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -50,208 contracts on the week. This was a weekly rise of 8,626 contracts from the total net of -58,834 contracts reported the previous week.<\/p>\n

\"\"<\/a>SLV ETF:<\/strong><\/p>\n

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the SLV ishares ETF, which tracks the price of silver, closed at approximately $15.79 which was a rise of $0.20 from the previous close of $15.59, according to unofficial market data.<\/p>\n

*COT Report:<\/strong> The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders\/speculators). Find CFTC criteria here: (http:\/\/www.cftc.gov\/MarketReports\/CommitmentsofTraders\/ExplanatoryNotes\/index.htm<\/a>).<\/p><\/blockquote>\n

Article by CountingPips.com<\/strong> – Weekly COT Report<\/a><\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

By CountingPips.com – Receive our weekly COT Reports by Email Silver Non-Commercial Speculator Positions: Large speculators continued to decrease their net positions in the Silver futures markets this week for a third consecutive week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-108332","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/108332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=108332"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/108332\/revisions"}],"predecessor-version":[{"id":108408,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/108332\/revisions\/108408"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=108332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=108332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=108332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}