Long Liquidation: Large specs reduced long gold bets and increased short gold bets. Small specs increased longs & shorts
The above chart is from 321Gold. It matches the CTFC Report.
Jump in Shorts
Last Week = (101,695 + 41,554) minus the jump (13,396 + 11,449) = 118,404
Increase in shorts = (13,396 + 11,449) = 24,845
Percentage Increase = 24,645 / 118,404 = 20.98%
Long Liquidation
Frequently one hears comments like "commercial reduced their short positions".
While arguably accurate, it con
