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Gold
Bullish
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  • CFTC update - Surprisingly, $GBP net shorts were relatively unchanged, despite the 5% rally. Adds further fuel to an extended rise - Weak demand for safe havens as speculators flip to net short in $JPY - $NZD bearish positions still very extreme https://www.dailyfx.com/forex/technical/article/cot/2019/10/21/GBPUSD-Shorts-Unchanged-Despite-Rally-Japenese-Yen-Flips-to-Short---COT-Report.html?CHID=9&QPID=917713 https://t.co/PxKOjjXjS4
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Shaun Murison, CFTe

Technical Strategist

Expertise: Technical Analysis, risk management & position sizing.

Shaun is the Senior Market Analyst for IG South Africa, with over ten years of industry and trading experience. Shaun is a regular financial market commentator across media formats TV, Radio, online and print for the likes of CNBC, Reuters, PowerFM, Business day and Fin24. Shaun also writes daily and weekly market analysis reports for IG, as well as heading up client education support in South Africa through both regional seminars and webinars. He is a technical analysis specialist with carrying the CFTe (Certified Financial Technician) charter through the International Federation of Technical Analysis (IFTA.org).

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