{"id":67432,"date":"2015-02-01T15:44:33","date_gmt":"2015-02-01T20:44:33","guid":{"rendered":"http:\/\/countingpips.com\/?p=67432"},"modified":"2015-02-01T15:44:33","modified_gmt":"2015-02-01T20:44:33","slug":"gold-speculators-add-to-bullish-positions-for-5th-week-up-8-out-of-9-weeks","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/02\/gold-speculators-add-to-bullish-positions-for-5th-week-up-8-out-of-9-weeks\/","title":{"rendered":"Gold Speculators add to bullish positions for 5th week, up 8 out of 9 weeks"},"content":{"rendered":"
February 1, 2015<\/div>
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By CountingPips.com | Weekly CFTC Net Speculator Gold Report<\/strong>
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\"gold\"<\/a><\/p>\n

Gold positions up eight out of the last nine weeks<\/h3>\n

GOLD:\u00a0<\/strong>Large futures traders and gold speculators pushed their overall bullish bets in gold higher for a fifth straight week last week as the gold price hovered around the $1,300.00 level, 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 +188,925 contracts in the data reported through January 27th. This was a weekly change of +26,470 contracts from the previous week\u2019s total of +162,455 net contracts that was registered on January 20th.<\/p>\n

The gain in the net speculator positions (+26,470 contracts) was due to an increase in the weekly bullish positions by +15,150 contracts combined with a strong decline in the gold bearish positions by -11,320 contracts.<\/p>\n

Gold speculative positions have now risen eight out of the last nine weeks and are at their highest level since at least 2012.<\/p>\n

Over the weekly reporting time-frame, from Tuesday January 27th to Tuesday January 13th, the gold price dipped ever so slightly from approximately $1,294.20 to $1,292.90 per ounce, according to gold futures price data from investing.com.<\/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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Last 6 Weeks of Large Trader Non-Commercial Gold 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
12\/23\/2014<\/td>\n375212<\/td>\n180980<\/td>\n70070<\/td>\n110910<\/td>\n-7498<\/td>\n1178.00<\/td>\n<\/tr>\n
12\/30\/2014<\/td>\n373982<\/td>\n182897<\/td>\n67060<\/td>\n115837<\/td>\n4927<\/td>\n1200.40<\/td>\n<\/tr>\n
01\/06\/2015<\/td>\n394021<\/td>\n187705<\/td>\n65527<\/td>\n122178<\/td>\n6341<\/td>\n1219.40<\/td>\n<\/tr>\n
01\/13\/2015<\/td>\n402108<\/td>\n192959<\/td>\n62733<\/td>\n130226<\/td>\n8048<\/td>\n1234.40<\/td>\n<\/tr>\n
01\/20\/2015<\/td>\n430128<\/td>\n223257<\/td>\n60802<\/td>\n162455<\/td>\n32229<\/td>\n1294.20<\/td>\n<\/tr>\n
01\/27\/2015<\/td>\n438279<\/td>\n238407<\/td>\n49482<\/td>\n188925<\/td>\n26470<\/td>\n1292.90<\/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

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By CountingPips.com | Weekly CFTC Net Speculator Gold Report Gold positions up eight out of the last nine weeks GOLD:\u00a0Large futures traders and gold speculators pushed their overall bullish bets in gold higher for a fifth straight week last week as the gold price hovered around the $1,300.00 level, according to the latest Commitment of […]<\/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-67432","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/67432","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=67432"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/67432\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=67432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=67432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=67432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}