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Gold large specs = net short now


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#1 LMF

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Posted 11 August 2018 - 10:24 AM

Large speculators now net short on Gold for the first time since this bull market began.  Bob Hoye analysis says the bottom here will be good.  I've been using the large spec net position as a percentage of open interest to signal a bottom.....less than 10 percent is the zone.  Been there for 7 weeks now.



#2 gannman

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Posted 11 August 2018 - 01:51 PM

yeah ive been looking at that well im ready still think the final bottom  is at least a month away


feeling mellow with the yellow metal