
The disaggregated data revealed that money managers cut their gross shorts by 12,452 lots. The variety of brand-new longs increased by a modest 616. We found this article at https://www.kitco.com/news/2019-03-25/Fund-Managers-Increase-Bullish-Posture-In-Gold.html By: Allen Sykora ” Indeed, the Fed provided a substantially more dovish message than the marketplace anticipated as it eliminated a walking this year. This triggered a relief rally, but no surge into a continual breakout.” ” Money supervisors aggressively covered their short gold positions and took out brand-new long exposure as they anticipated the FOMC to sound a dovish tone,” said TD Securities. 30,500 agreements in the week to 19 March, according to the CFTCs statistics,” said Commerzbank. “In our opinion, this more paves the way for gold as […]