Silver

Traders flipped to net-long exposure on Silver 3 weeks ago. Whilst it’s currently facing selling pressure, we’re looking for key levels above $15 to hold and confirm a bullish flag pattern. Silver was pushed down to an 8-day low in light of improved risk appetite, yet we’re keeping a close eye on its bullish trend […]

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The weekly COT report: As of Tuesday 28th May: Large speculators increased net-long exposure to USD by just $0.48 billion to $31.3 billion ($35.7 billion against G10 currencies) Traders were net-short NZD futures at their most bearish level since December 2018 Net-short exposure on GBP was its most bearish since March, although we’ve seen a […]