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What do the ๐Ÿฆ Banks ๐Ÿ“Š Positions tell us about Gold?

Based on the Commitments of Traders data reported on: October 18th 2022

#GOLD price is sitting at the lows and not really moving from there. We can see that retail traders are exiting their longs and piling into shorts. Our next logical move would be upside on gold to shake out those recent shorts.

October 24th

October 16th

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