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Gold specs build short exposure - TDS

FXStreet (Bali) - According to the CFTC Commitment of Traders Report, for the week ending August 19th, Gold specs aggressively cut longs and build short exposure.

Key Quotes

"Gold specs aggressively cut longs and build short exposure, as prices slide and chatter turned toward the need for the Fed to be somewhat less accommodative."

"Silver investors massively increased short positioning and cut longs, as fundamentals look dangerous and technical support lies materially lower."

"Specs sharply cut platinum longs amid European demand worries."

"Palladium investors cover short exposure, as markets worry about supplies from Russia and catalyst demand looks respectable."

"China growth concerns prompted investors to cut copper longs and grow shorts."

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