This is the last COT report of the year. More or less the same as last week.
Friday, December 30, 2011
Friday, December 23, 2011
Weekly Market Outlook: Commitment of Traders Cot Heatmap - 20 Dec 2011
As of this week, the dollar index is looking good, even on the long side. If you have been bullish on the dollar, there is no reason to close out your position for the time being. Coincidentally, Gold futures also belong to the same color group ie. yellow. Flight to safety is a recurring theme that has been played out many times this year. With the Euro situation still unclear, and new developments, volatility is expected in the coming month.
Friday, December 16, 2011
Friday, December 2, 2011
Weekly Market Outlook: Commitment of Traders Cot Heatmap - 29 Nov 2011
As shown in the commitment of traders cot report, Gold futures are getting lots of long positions again. Currently in an overbought position. This is not really surprising. The "flight-to-safety" precious metal is much sought after in this economic turbulent times. With the Euro situation unclear and the end-of-the-year approaching, many fund managers who have not hit their target, are placing their safest bet in the speculative metal. Even AUD/USD has a similar bullish movement.
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