{"id":59927,"date":"2014-09-06T15:37:42","date_gmt":"2014-09-06T19:37:42","guid":{"rendered":"http:\/\/countingpips.com\/?p=59927"},"modified":"2014-09-06T15:39:33","modified_gmt":"2014-09-06T19:39:33","slug":"gold-speculators-decreased-overall-bullish-bets-for-a-3rd-straight-week","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/09\/gold-speculators-decreased-overall-bullish-bets-for-a-3rd-straight-week\/","title":{"rendered":"Gold Speculators decreased overall bullish bets for a 3rd straight week"},"content":{"rendered":"
September 6, 2014<\/div>
\r\n<\/div><\/div>

By CountingPips.com | Weekly CFTC Net Speculator Gold Report<\/strong>
\n<\/strong><\/em><\/p>\n

\"gold\"<\/a><\/p>\n

Speculator Positions fall to +96,879 contracts as Gold price declines to $1,265.00<\/h3>\n

GOLD:\u00a0<\/strong>Gold market traders and speculators decreased their overall bullish bets last week for a third consecutive week and to the lowest level since June, 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 Comex gold futures, traded by large speculators and hedge funds, totaled a net position of +96,879 contracts in the data reported through September 2nd. This was a weekly change of -16,290 contracts from the previous week\u2019s total of +113,169 net contracts that was registered on August 26th.<\/p>\n

The overall fall in the speculator positions marked a third straight weekly decrease and brought bullish levels down to the lowest standing since June 17th when positions totaled +78,295 contracts.<\/p>\n

The weekly decline in the net speculator positions (-16,290) last week was due to a gain in the bearish positions by 16,790 contracts that overtook the small rise in the weekly bullish positions of 500 contracts.<\/p>\n

Over the weekly same reporting time-frame, from Tuesday August 26th to Tuesday September 2nd, the gold price fell from approximately $1,285.20 to $1,265.00 per ounce, according to gold futures price data from investing.com.<\/p>

\r\n
\r\n

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

\r\n

<\/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>

\r\n
\r\n
\r\n

<\/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>

\r\n<\/div>\r\n

\r\n
<\/div>\n

 <\/p>\n

Last 6 Weeks of Large Trader Non-Commercial Positions<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n
Date<\/td>\nOpen Interest<\/td>\nLong Specs<\/td>\nShort Specs<\/td>\nNet Non-Commercials<\/td>\nWeekly Change<\/td>\nGold Price<\/td>\n<\/tr>\n
07\/29\/2014<\/td>\n374467<\/td>\n188980<\/td>\n49827<\/td>\n139153<\/td>\n-6993<\/td>\n1300.50<\/td>\n<\/tr>\n
08\/05\/2014<\/td>\n360342<\/td>\n176386<\/td>\n54923<\/td>\n121463<\/td>\n-17690<\/td>\n1285.30<\/td>\n<\/tr>\n
08\/12\/2014<\/td>\n368114<\/td>\n191325<\/td>\n43644<\/td>\n147681<\/td>\n26218<\/td>\n1310.60<\/td>\n<\/tr>\n
08\/19\/2014<\/td>\n366401<\/td>\n183846<\/td>\n45870<\/td>\n137976<\/td>\n-9705<\/td>\n1296.70<\/td>\n<\/tr>\n
08\/26\/2014<\/td>\n363608<\/td>\n172022<\/td>\n58853<\/td>\n113169<\/td>\n-24807<\/td>\n1285.20<\/td>\n<\/tr>\n
09\/02\/2014<\/td>\n371515<\/td>\n172522<\/td>\n75643<\/td>\n96879<\/td>\n-16290<\/td>\n1265.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*COT Report:<\/strong> The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading 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>\n

Article by CountingPips.com<\/strong> \u2013 Forex Trading Apps<\/strong><\/a><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

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

By CountingPips.com | Weekly CFTC Net Speculator Gold Report Speculator Positions fall to +96,879 contracts as Gold price declines to $1,265.00 GOLD:\u00a0Gold market traders and speculators decreased their overall bullish bets last week for a third consecutive week and to the lowest level since June, according to the latest Commitment of Traders (COT) data released […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-59927","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/59927","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=59927"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/59927\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=59927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=59927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=59927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}