Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Please try again

Live Webinar Events


Economic Calendar Events


Notify me about

Live Webinar Events
Economic Calendar Events






More View More
Gold: Long Positions Rise as Price Continues to Weaken

Gold: Long Positions Rise as Price Continues to Weaken

Jake Schoenleb, Contributor


What's on this page
XAU Gold Client Positioning and Sentiment

Net-Long Positions Climb to 87%

Spot Gold: Retail trader data shows 87.0% of traders are net-long with the ratio of traders long to short at 6.71 to 1. The number of traders net-long is 3.5% higher than yesterday and 1.1% higher from last week, while the number of traders net-short is 3.6% lower than yesterday and 9.2% higher from last week.

To gain more insight to how we use sentiment to power our trading, join us for our weekly Trading Sentiment webinar.

Gold Sentiment Signals a Bearish Bias

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Spot Gold prices may continue to fall. Positioning is more net-long than yesterday and last week. The combination of current sentiment and recent changes gives us a bearish Spot Gold trading bias.

--- Written by Jake Schoenleb, DailyFX Research

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.