COT Report Analysis 26April 2022
Hello Everyone,
COT report is available for the last week (April 26, 2022) and we will analyze the COT report Data in this post.
Note: This COT report is published weekly and this is the only latest report that is available right now .The data for contracts is till 26April 2022 and date of publication of this report is April 26, 2022.You can check the release schedule from CFTC official site from this Link
If you are visiting this page for the first time I recommend you to check the detailed article on how to read COT report by visiting this Link.
Now Lets discuss the data from the latest COT report :
As you can see from the Data (Highlighted Box) you can see that this time also the investors are pulling money from the long contracts(-19345 this time , which is huge this time compared to previous change ) and adding positions in short contracts(+805) .
In previous COT report we have seen the same sentiments and in Last week we have seen a down move (Approx. 62 Dollar down Move) and the idea of previous report comes true.
As we can see some cover up this time also but if we see the relative change in Short contracts then we can say that they are pulling the money but not adding much in short contracts this week .
From my view and from the price action the support area around 1872-1874 is the main level that we have to watch for , if gold able to breakdown this level then we can have more decline toward the price level of 1855 and I am not interested in buy side until 1920-24 is safe in upside.
COT report sentiment :Bearish to Sideways
COT Report Analysis 19 April 2022
In previous COT report the sentiments were bullish and gold almost tested the psychological barrier of 2000 (Monday High =1998, total 15 dollars move after the previous analysis), but after reaching the price level of 1998 sellers aggressively pushed the gold and since that day we have seen sharp decline of price and currently it is trading near to main support (1927).
Now lets discuss the recent COT report data :
If we look into this report (Highlighted under managed money ) we can see that this time Investors pulling money from Long contracts and also adding money into short contracts .
Also as discussed in telegram channel during live trading the Level 1927 is the major support that we have to watch closely .Breakdown of this level can push the price towards the psychological barrier of 1900.
COT report sentiment :Bearish
In previous COT report the sentiments were bullish and gold almost tested the psychological barrier of 2000 (Monday High =1998, total 15 dollars move after the previous analysis), but after reaching the price level of 1998 sellers aggressively pushed the gold and since that day we have seen sharp decline of price and currently it is trading near to main support (1927).
Now lets discuss the recent COT report data :
If we look into this report (Highlighted under managed money ) we can see that this time Investors pulling money from Long contracts and also adding money into short contracts .
Also as discussed in telegram channel during live trading the Level 1927 is the major support that we have to watch closely .Breakdown of this level can push the price towards the psychological barrier of 1900.
COT report sentiment :Bearish
COT Report Analysis 12 April 2022
Hello Everyone,
COT report is available for the last week (April 12, 2022) and we will analyze the COT report Data in this post.
Note: This COT report is published weekly and this is the only latest report that is available right now .The data for contracts is till 12 April 2022 but date of publication of this report is April 15 , 2022.You can check the release schedule from CFTC official site from this Link
So if you following this analysis carefully I clearly mentioned in the previous analysis that gold is still showing bullish sentiments from the data and prediction of that report comes true .
Now lets discuss this week COT report :
Check the COT numbers (Highlighted ) from the following file:
And if you look closely under the managed money column , under Long contract you can see that this time also Investors are still adding money into Long Positions (16924 Contracts ).
Clearly this much addition in Long position shows the intention of investors in Gold , and we expect rise in price in next week also .As mentioned in the weekly analysis video 1980 is the main level that we have to watch , if gold is able to breakout 80-82 then we can have test towards 2000 this week.
COT report Sentiment :Bullish
You can check the weekly analysis video from here:
COT Report Analysis 05 April 2022
Hello Everyone,
COT report is available for the
last week (April 05, 2022) and we will analyze the COT report Data in this
post.
If we look under the managed
money column we can see that this time we have some increment in the net Long
positions (Highlighted 1,834) compared to previous COT report which indicates that bulls are again showing
interest at current price (1945).
And at the same time Sellers Contract data also adding into Short Contracts (8509) which was 727 in previous COT report but overall from the column you can see that we have net Long position is greater that the net Short positions which generate a Bullish sentiment from this report.
Also as discussed in the weekly
Price Prediction video the Zone (1942-45) is a resistance zone and we have seen
multiple test at this zone and breakout on this zone can help gold to make a
test toward 1955-56 area (Next POC Zone).
You can watch the weekly
Prediction video from Here:
