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.

Free Trading Guides Download
EUR/USD
Bullish
GBP/USD
Bullish
USD/JPY
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bearish
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Mixed
More View more
Real Time News
  • LIVE IN 30 MIN: Currency Strategist @PaulRobinsonFX runs through his favorite charts and potential set-ups for the week ahead in the FX and CFDs market here - https://www.dailyfx.com/webinars/108721147?CHID=9&QPID=917720&utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • $EURMXN goes parabolic as global equity selling persists https://t.co/DTYPcp5Gwb
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/10:30 AM GMT as he goes over London #FX & #CFD charts for the next week. Register here: https://t.co/CoMkMA0pdF https://t.co/qdeb1YFrFd
  • Sum up the global equity meltdown over the past week https://t.co/A3AQYmnaPd
  • 🇪🇺 EUR German Unemployment Claims Rate s.a. (FEB), Actual: 5.0% Expected: 5.0% Previous: 5.0% https://www.dailyfx.com/economic-calendar#2020-02-28
  • 🇪🇺 EUR German Unemployment Change (000's) (FEB), Actual: -10k Expected: 5.0k Previous: -4.0k https://www.dailyfx.com/economic-calendar#2020-02-28
  • RT @TayTayLLP: Flows flows! Equities shed quite a lot for the wk. We had a $20.41bn outflow in stocks - still not at par w/ the Dec '19 rou…
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.08%, while traders in USD/CAD are at opposite extremes with 69.71%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/bbDSK27AD4
  • Heads Up:🇪🇺 EUR German Unemployment Claims Rate s.a. (FEB) due at 08:55 GMT (15min), Actual: N/A Expected: 5.0% Previous: 5.0% https://www.dailyfx.com/economic-calendar#2020-02-28
  • Heads Up:🇪🇺 EUR German Unemployment Change (000's) (FEB) due at 08:55 GMT (15min), Actual: N/A Expected: 5.0k Previous: -2.0k https://www.dailyfx.com/economic-calendar#2020-02-28
Gold: Weekly Short Positions Drop 12%

Gold: Weekly Short Positions Drop 12%

2018-10-26 17:30:00
Jake Schoenleb,
Share:
Gold: Weekly Short Positions Drop 12%

82% of Retail Traders are Net-Long

Spot Gold: Retail trader data shows 82.2% of traders are net-long with the ratio of traders long to short at 4.63 to 1. The number of traders net-long is 6.8% lower than yesterday and 3.0% lower from last week, while the number of traders net-short is 5.1% higher than yesterday and 12.1% lower from last week.

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

Sentiment Unable to Provide a Clear Direction

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 less net-long than yesterday but more net-long from last week. The combination of current sentiment and recent changes gives us a further mixed Spot Gold trading bias.

Recommended Reading: Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

--- Written by Jake Schoenleb, DailyFX Research

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

DISCLOSURES

News & Analysis at your fingertips.