CFTC commitment of traders report was released on Friday (16th February) and cover positions up to Tuesday (13th February). 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 decreasing
Long positions declined for the third consecutive week. The net long position decreased by 15,271 contracts to +175.6K contracts.
- Copper – Net position long and decreasing
Long positions declined for a second straight week. The net longs decreased by 8,207 contracts to +44.7K contracts.
- Silver – Net position long and decreasing
Long positions declined for a second consecutive week. Last week, speculators reduced long positions by 15,882 contracts to +8.7K contracts.
- WTI Crude – Net position long and decreasing
Speculators reduced long positions for the first time in six weeks and by 26,836 contracts, which brought the net positions to +712.3K contracts.
- Natural gas – Net position short and increasing
Short positions rose for a second consecutive week and by 47,899 contracts that pushed the net position to -101.4K contracts.
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