{"id":94266,"date":"2016-08-14T10:29:04","date_gmt":"2016-08-14T14:29:04","guid":{"rendered":"http:\/\/countingpips.com\/?p=94266"},"modified":"2016-08-14T11:52:28","modified_gmt":"2016-08-14T15:52:28","slug":"gold-speculators-lowered-bullish-net-positions-for-4th-out-of-last-5-weeks","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/08\/gold-speculators-lowered-bullish-net-positions-for-4th-out-of-last-5-weeks\/","title":{"rendered":"Gold Speculators lowered bullish net positions for 4th out of last 5 weeks"},"content":{"rendered":"<div id=\"inves-3036414090\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 14, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By CountingPips.com<\/strong><\/p>\n<p><a href=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/08\/GOLD-COT-2nd-Image-3.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-94330\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/08\/GOLD-COT-2nd-Image-3.png\" alt=\"GOLD-COT-2nd-Image\" width=\"800\" height=\"600\" \/><\/a><\/p>\n<p><strong>Gold speculative positions fell\u00a0last week to +286,447 contracts<\/strong><\/p>\n<p><strong>GOLD Non-Commercial Positions:<\/strong><\/p>\n<p>Gold speculator and large futures traders cut back on their gold bullish positions last week for the fourth time out of the previous five weeks, 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 Comex gold futures, traded by large speculators and hedge funds, totaled a net position of +286,447 contracts in the data reported through August 9th. This was a weekly change of -7,736 contracts from the previous week&#8217;s total of +294,183 net contracts that was registered on August 2nd.<\/p>\n<p><strong>Gold Commercial Positions:<\/strong><\/p><div id=\"inves-1550414116\" 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>In the commercial positions for gold on the week, the commercials (hedgers or traders engaged in buying and selling for business purposes) reduced their overall bearish positions to a net total position of -312,941 contracts through August 9th. This was a weekly change of +11,086 contracts from the total net position of -324,027 contracts on August 2nd.<\/p>\n<p><a href=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/08\/GOLD-Treasury-COT-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-94331\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/08\/GOLD-Treasury-COT-1.png\" alt=\"GOLD-Treasury-COT\" width=\"900\" height=\"700\" \/><\/a><\/p>\n<p><strong>GLD ETF:<\/strong><\/p>\n<p>Over the weekly reporting time-frame, from Tuesday August 2nd to Tuesday August 9th, the price of the (GLD) Gold ETF , which tracks the gold spot price, rose from approximately $126.14 to $130.55, according to ETF price data of the SPDR Gold Trust ETF (GLD).<\/p>\n<p>&nbsp;<\/p>\n<p><em><strong>*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: (<a href=\"http:\/\/www.cftc.gov\/MarketReports\/CommitmentsofTraders\/ExplanatoryNotes\/index.htm\">http:\/\/www.cftc.gov\/MarketReports\/CommitmentsofTraders\/ExplanatoryNotes\/index.htm<\/a>).<\/em><\/p>\n<p>Article by <strong><a href=\"http:\/\/CountingPips.com\">CountingPips.com<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CountingPips.com Gold speculative positions fell\u00a0last week to +286,447 contracts GOLD Non-Commercial Positions: Gold speculator and large futures traders cut back on their gold bullish positions last week for the fourth time out of the previous five weeks, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) [&hellip;]<\/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-94266","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94266","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=94266"}],"version-history":[{"count":5,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94266\/revisions"}],"predecessor-version":[{"id":94332,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94266\/revisions\/94332"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=94266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=94266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=94266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}