{"id":138171,"date":"2018-12-01T15:32:55","date_gmt":"2018-12-01T20:32:55","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=138171"},"modified":"2018-12-01T15:32:55","modified_gmt":"2018-12-01T20:32:55","slug":"gold-speculators-cut-their-bullish-net-positions-back-down-this-week","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/12\/gold-speculators-cut-their-bullish-net-positions-back-down-this-week\/","title":{"rendered":"Gold Speculators cut their bullish net positions back down this week"},"content":{"rendered":"<div id=\"inves-2012734768\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 1, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>December 1st 2018 &#8211; By CountingPips.com<\/strong> &#8211; <a href=\"http:\/\/bit.ly\/2Kf9qV6\"><strong>Receive our weekly COT Reports by Email<\/strong><\/a><\/p>\n\t<style type=\"text\/css\" scoped=\"scoped\">\n\t\t#gallery-1 {\n\t\t\tclear: both;\n\t\t}\n\t\t#gallery-1 .gallery-item-wrapper {\n\t\t\tfloat: left;\n\t\t\tmargin: 0;\n\t\t\tpadding: 0;\n\t\t\twidth: 100%;\n\t\t}\n\t\t#ie6 #gallery-1 .gallery-item-wrapper,\n\t\t#ie7 #gallery-1 .gallery-item-wrapper {\n\t\t\twidth: 100%;\n\t\t}\n\t\t#gallery-1 .gallery-item {\n\t\t\tdisplay: block;\n\t\t\tfloat: none;\n\t\t\tmargin: 5px;\n\t\t\twidth: auto !important;\n\t\t}\n\t\t#ie6 #gallery-1 .gallery-item {\n\t\t\tdisplay: inline;\n\t\t}\n\t\t#gallery-1 .gallery-icon a {\n\t\t\tdisplay: block;\n\t\t\tline-height: 0;\n\t\t}\n\t\t#gallery-1 img {\n\t\t\twidth: 100% !important;\n\t\t\tmax-width: 100% !important;\n\t\t\theight: auto !important;\n\t\t}\n\t\t#gallery-1 .gallery-caption {\n\t\t\toverflow: hidden;\n\t\t}\n\t\t#ie6 #gallery-1 .gallery-caption {\n\t\t\tword-wrap: break-word;\n\t\t}\n\t<\/style>\n<div id='gallery-1' class='gallery galleryid-138171 gallery-columns-1 gallery-size-full clearfix'>\n<div class='gallery-item-wrapper'>\n<dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon'>\n\t\t\t\t<a href='https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2018\/11\/GC_2-4.png'><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"700\" src=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2018\/11\/GC_2-4.png\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2018\/11\/GC_2-4.png 900w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2018\/11\/GC_2-4-300x233.png 300w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2018\/11\/GC_2-4-768x597.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/a>\n\t\t\t<\/dt><\/dl>\n<\/div>\n<br style=\"clear: both\" \/><\/div>\n\n<p><b>Gold Non-Commercial Speculator Positions:<\/b><\/p>\n<p>Large precious metals speculators reduced their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.<\/p>\n<p>The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of 1,871 contracts in the data reported through Tuesday November 27th. This was a weekly fall of -7,025 net contracts from the previous week which had a total of 8,896 net contracts.<\/p>\n<p>This week&#8217;s net position was the result of the gross bullish position tumbling by -8,727 contracts to a weekly total of 156,779 contracts compared to the gross bearish position\u00a0which fell by just -1,702 contracts for the week to a total of 154,908 contracts .<\/p>\n<p>The net speculative position has now declined for two out of the past three weeks and into a very small bullish position. The current standing is at its lowest level since it was in bearish territory two weeks ago.<\/p><div id=\"inves-2073117866\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>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><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>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><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><b>Gold Commercial Positions:<\/b><\/p>\n<p>The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -16,100 contracts on the week. This was a weekly gain of 7,040 contracts from the total net of -23,140 contracts reported the previous week.<\/p>\n\t<style type=\"text\/css\" scoped=\"scoped\">\n\t\t#gallery-2 {\n\t\t\tclear: both;\n\t\t}\n\t\t#gallery-2 .gallery-item-wrapper {\n\t\t\tfloat: left;\n\t\t\tmargin: 0;\n\t\t\tpadding: 0;\n\t\t\twidth: 100%;\n\t\t}\n\t\t#ie6 #gallery-2 .gallery-item-wrapper,\n\t\t#ie7 #gallery-2 .gallery-item-wrapper {\n\t\t\twidth: 100%;\n\t\t}\n\t\t#gallery-2 .gallery-item {\n\t\t\tdisplay: block;\n\t\t\tfloat: none;\n\t\t\tmargin: 5px;\n\t\t\twidth: auto !important;\n\t\t}\n\t\t#ie6 #gallery-2 .gallery-item {\n\t\t\tdisplay: inline;\n\t\t}\n\t\t#gallery-2 .gallery-icon a {\n\t\t\tdisplay: block;\n\t\t\tline-height: 0;\n\t\t}\n\t\t#gallery-2 img {\n\t\t\twidth: 100% !important;\n\t\t\tmax-width: 100% !important;\n\t\t\theight: auto !important;\n\t\t}\n\t\t#gallery-2 .gallery-caption {\n\t\t\toverflow: hidden;\n\t\t}\n\t\t#ie6 #gallery-2 .gallery-caption {\n\t\t\tword-wrap: break-word;\n\t\t}\n\t<\/style>\n<div id='gallery-2' class='gallery galleryid-138171 gallery-columns-1 gallery-size-full clearfix'>\n<div class='gallery-item-wrapper'>\n<dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon'>\n\t\t\t\t<a href='https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2018\/11\/GC_1-4.png'><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"700\" src=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2018\/11\/GC_1-4.png\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2018\/11\/GC_1-4.png 900w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2018\/11\/GC_1-4-300x233.png 300w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2018\/11\/GC_1-4-768x597.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/a>\n\t\t\t<\/dt><\/dl>\n<\/div>\n<br style=\"clear: both\" \/><\/div>\n\n<p><b>Gold Futures:<\/b><\/p>\n<p>Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Gold Futures (Front Month) closed at approximately $1219.90 which was a drop of $-1.30 from the previous close of $1221.20, according to unofficial market data.<\/p>\n<blockquote><p><strong>*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 &amp; 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).<\/p><\/blockquote>\n<p>Article <strong>By CountingPips.com<\/strong> &#8211; <a href=\"http:\/\/bit.ly\/2Kf9qV6\"><strong>Receive our weekly COT Reports by Email<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>December 1st 2018 &#8211; By CountingPips.com &#8211; Receive our weekly COT Reports by Email Gold Non-Commercial Speculator Positions: Large precious metals speculators reduced their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-138171","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138171","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=138171"}],"version-history":[{"count":4,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138171\/revisions"}],"predecessor-version":[{"id":138237,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138171\/revisions\/138237"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=138171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=138171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=138171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}