The COT data for this week shows an increase in the cot index which is now starting to climb away from the extreme lows of the last few weeks, suggesting that we are now seeing the long awaited reversal in the Australian dollar, a move...
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Gold – Weekly COT Index 30th March 2009
No real change since last week other than commercials still selling into a rising market, although the volume of contracts has substantially reduced in the futures market since this time last year. As an example this time last year the total number of positions was...
COT Index – GBP Pound 30th March 2009
Everything I say may appear slightly contrarian when viewed using the COT index as an indicator but the British Pound is a good example at present which I hope will make the point with a little explanation. At present the Commercial futures holders are net...
Cot Index Silver – Weekly Report 30th March 2009
As with silver the futures’ positions of the Commercials shows an expectation of further increases in the price of gold, a position which is likely to remain unchanged until we reach an extreme on the COT index approaching anywhere close to 100, assuming the current...
COT Index Gold – 16th March 2009
The weekly COT index chart for gold, shows little change on last week suggesting that the trend for spot gold prices is to move higher, with the commercials showing a slight decline as the spot price fell from $1000 per ounce to close the week...
