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.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bullish
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
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
Wall Street
Bullish
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
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
GBP/USD
Bullish
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
USD/JPY
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
More View more
Real Time News
  • Key levels in forex tend to draw attention to traders in the market. These are psychological prices which tie into the human psyche and way of thinking. Learn about psychological levels here: https://t.co/1oygcFMFNs https://t.co/CS4TCNYsQA
  • The anti-risk Japanese Yen will likely remain glued to market mood during the third quarter, what are some fundamental sources of volatility? Download our JPY trading guide to find out: https://t.co/LhFkbyDCCw https://t.co/dA1gW4cVKt
  • A macro forex trading guide exploring the US-Canada relationship and how to trade the Canadian Dollar through the prism of the Core-Perimeter model. Get your market update from @ZabelinDimitri and @PeterHanksFX here:https://t.co/dF51UMcGFC https://t.co/dK1zPozjtT
  • Sterling’s volatility is expected to rise in Q3 as prickly EU/UK trade talks continue against a bleak looking economic backdrop. See our Q3 GDP guide: https://t.co/QzLErDHVhc https://t.co/nxBke8euTF
  • The Core-Perimeter trading model helps traders understand interactions between global economies, helping to trade the assets embedded in these relationships. Get your market update from @ZabelinDimitri here:https://t.co/dKRAo00lfA https://t.co/5JzIjUDDx6
  • #CrudeOil price action could consolidate into a broad trading range following a historic Q2 as barriers of technical confluence stand to contain the commodity’s direction. Download our oil #trading guide for the full report: https://t.co/DcjPcVpX5x https://t.co/EJlDquZ9WR
  • It’s unlikely that the #ECB on its own will continue to be able to prevent the Euro from weakening if EU governments continue to argue about policy. Download our #EUR trading guide to find out more: https://t.co/Kjp34DoEzE https://t.co/gtKQa9zXX5
  • The #USD spent the bulk of Q2 in a range after a climactic Q1; and with a series of risk themes continuing to push, combined with an election in November, the door appears open for more vol in USD. Download our USD trading guide here: https://t.co/2Wo7EcwAht https://t.co/BA5dWk4wTt
  • $USD hegemony is at risk thanks to changes in the global economy and the long-term consequences of the US-China trade war. Get your market update from @CVecchioFX here:https://t.co/5GO9UrvO4y https://t.co/OTTEmg76W8
  • The immediate focus is on a break of this multi-week consolidation formation in the Australian Dollar with the broader rally vulnerable while below 7042. Get your AUD technical analysis here: https://t.co/iEYos1ioBc https://t.co/kuzB3Eqps0
Gold:  69.9% of Traders Are Net-Long

Gold: 69.9% of Traders Are Net-Long

2019-01-23 23:30:00
Nancy Pakbaz, CFA, Markets Writer
Share:
Gold

NET-LONG TRADERS ARE HIGHER BY 18.3% FROM LAST WEEK

Spot Gold: Retail trader data shows 69.9% of traders are net-long with the ratio of traders long to short at 2.32 to 1. The number of traders net-long is 1.4% higher than yesterday and 1.4% lower from last week, while the number of traders net-short is 6.3% lower than yesterday and 18.3% 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 SUGGEST A FURTHER MIXED 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 but less net-long from last week. The combination of current sentiment and recent changes gives us a further mixed Spot Gold trading bias.

--- Written by Nancy Pakbaz, CFA, DailyFX Research

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

DISCLOSURES

News & Analysis at your fingertips.