23 July
United States. CFTC Gold speculative net positions. The value of the indicator has increased from 213.1K to 253K
A report on this calendar event is released weekly by the CFTC Commitment of Traders.
The presented indicator reflects the difference between the volumes of long and short positions on gold in the United States opened by speculators (non-commercial traders).
The dynamics of gold futures is an indicator of strength for several days.
The indicator does not have a strong impact on gold prices and is considered by analysts in conjunction with other indicators.
Comments by the MarketCheese analysts: an increase of the indicator value may contribute to the rise in quotes of Gold.
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