CFTC commitment of traders report was released on Friday (21st April) and cover positions up to Tuesday (18th April). COT report is not a complete presenter of entire market positions; however, it represents a good chunk of institutional traders, to have a feel of what expected by the big players.
Kindly note, in some cases, numbers are rounded to nearest decimal.
- Gold – Net position long and increasing
Long positions rose for a fifth consecutive week. The net long position increased by 23,102 contracts to +195.8K contracts.
- Copper – – Net position long and decreasing
Long positions declined for the eleventh time in twelve weeks. The net longs decreased by 9,802 contracts to +16K contracts.
- Silver – Net position long and decreasing
In contrast to gold, the long positions decreased last week and by 1,628 contracts to +103.9K contracts.
- WTI Crude – Net position long and increasing
Speculators increased long positions for the third consecutive week and by 6,840 contracts, which brought the net positions to +443.9K contracts.
- Natural gas – position shifted to long
Shorts declined for a third consecutive week and in such a fashion that the net position turned from negative to the positive. The net long position increased by 6,492 contracts last week that brought the net position to +3K contracts.