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
Oil - US Crude
Bullish
Wall Street
Mixed
Gold
Bearish
GBP/USD
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • Weekly Strategy Webinar starting in 10mins on DailyFX! https://t.co/lxd5fZnn4H
  • Forex Update: As of 12:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.01% 🇬🇧GBP: -0.04% 🇦🇺AUD: -0.08% 🇯🇵JPY: -0.12% 🇪🇺EUR: -0.20% 🇨🇭CHF: -0.53% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/66SCHIVIP1
  • Implementing a trading checklist is a vital part of the trading process because it helps traders to stay disciplined, stick to the trading plan, and builds confidence. Learn how to stick to the plan, stay disciplined, and use a checklist here: https://t.co/2MCG036HGH https://t.co/WvB0ze2Tpe
  • Join @MBForex at 8:30 AM ET/12:30 PM GMT for his weekly strategy #webinar Register here: https://t.co/VAnAfZU02T https://t.co/hCU33zOlyq
  • Heads Up:🇧🇷 BCB Focus Market Readout due at 11:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-08-10
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.35%, while traders in US 500 are at opposite extremes with 76.44%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/VJzrlGSkfj
  • Heads Up:🇲🇽 Industrial Production YoY (JUN) due at 11:00 GMT (15min) Expected: -17.8% Previous: -30.7% https://www.dailyfx.com/economic-calendar#2020-08-10
  • Tune in to @CVecchioFX 's #webinar at 7:30 AM ET/11:30 AM GMT for insight on major event risk in the week ahead. Register here: https://t.co/X8TIhpKxtF https://t.co/YZoHo12epc
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.55% Silver: 0.16% Gold: -0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/a6Cpl9NrtM
  • Missed today's Cross-Market Weekly Outlook webinar? See the recording here - https://t.co/5IzIKPVcjn The focus this week was on potential for a broad US Dollar rebound, with an eye on #EURUSD, #AUDUSD and #gold
Spot Gold: Net-Short Positions Increase by 16.5% from Last Week

Spot Gold: Net-Short Positions Increase by 16.5% from Last Week

2019-08-13 15:30:00
Tammy Da Costa, Markets Writer
Share:
Spot Gold IG Client Sentiment

Spot Gold: Retail Trader Data shows 61% of Traders are Net-Long

Spot Gold: Retail trader data shows 61.3% of traders are net-long with the ratio of traders long to short at 1.59 to 1. The number of traders net-long is 6.7% higher than yesterday and 10.3% higher from last week, while the number of traders net-short is 1.0% higher than yesterday and 16.5% higher from last week.

To gain more insight in how we use sentiment to supplement a strategy, join us for one of our weekly webinars on how to “Identify Trends with Sentiment”:

Wednesday 00:00 GMT

Thursday 15:00 GMT

(click on one of the above times to enroll)

Spot Gold: Sentiment Suggests Stronger Bearish Trading 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. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.

-Written by Tammy Da Costa, DailyFX Research

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

DISCLOSURES

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.