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Retail Trader Sentiment Analysis – Gold, Silver, and US Oil Latest
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Retail Trader Sentiment Analysis – Gold, Silver, and US Oil Latest
Jul 25, 2024 1:15 AM

Retail Trader Sentiment Analysis – Gold, Silver, and US Oil

Recommended by Nick Cawley Building Confidence in Trading

Gold Retail Trader Data: Mixed Bias

Analysis of the latest gold positioning shows:

Current positioning:

54.14% of traders are net-longRatio of long to short traders is 1.18 to 1Recent changes:

Net-long traders: 16.62% decrease since yesterday, 1.79% decrease from last weekNet-short traders: 4.69% decrease since yesterday, 18.73% decrease from last weekSentiment interpretation:

Contrarian view suggests gold prices may fall due to net-long positioningHowever, recent changes show a mixed pictureOverall, the data indicates a mixed Gold trading bias

Silver Retail Trader Data: Long Skew but Mixed Sentiment

Analysis of the latest silver positioning shows:

Current positioning:

85.13% of traders are net-longRatio of long to short traders is 5.72 to 1Recent changes:

Net-long traders: 10.33% decrease since yesterday, 0.12% decrease from last weekNet-short traders: 1.44% increase since yesterday, 13.76% decrease from last weekSentiment interpretation:

Contrarian view suggests Silver prices may fall due to strong net-long positioningRecent changes show a slight reduction in net-long positionsOverall, the data indicates a mixed Silver trading bias

Silver Mixed Data provided by of clients are net long. of clients are net short.

Change in Longs Shorts OI
Daily -11% 2% -10%
Weekly 0% -18% -3%
What does it mean for price action?

US Oil Retail Trader Data: Mixed Outlook

Analysis of the latest US crude oil positioning shows:

Current positioning:

77.94% of traders are net-longRatio of long to short traders is 3.53 to 1Recent changes:

Net-long traders: 2.70% decrease since yesterday, 47.71% increase from last weekNet-short traders: 4.95% increase since yesterday, 43.19% decrease from last weekSentiment interpretation:

Contrarian view suggests US crude oil prices may fall due to strong net-long positioningSignificant weekly changes show a substantial increase in net-long positionsOverall, the data indicates a mixed US crude oil trading bias

Recommended by Nick Cawley How to Trade Oil

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