Thread: COT Reports
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Old 22-08-2004, 22:40   #78 (permalink)
novice
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XAU/USD (i.e. the "anti-dollar")

marked when hedgers increase short positions

marked gold rallies

hedgers historically have increased short position just BEFORE gold rallies

hedgers historically have decreased short positions just BEFORE gold declines

current picture:

hedgers have just started to increase short positions

gold has just begun ralling
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