Gold Non-commercial Longs Have Gone Negative For First Time Since 2001 (Gold Rally In The Works?)

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

Jesse’s Cafe Americain has an interesting piece on gold. Essentially, indicators suggest gold has laid the groundwork for a substantial rally.

Non-commercial longs have gone negative for the first time since 2001.

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So, bye bye non-commercial longs.

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