COT Report Analysis 19 July 2022
Hello Everyone,
COT report is available for the last week (July 19, 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 19 July 2022 and date of publication of this report is July 22, 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.
June Month COT Report Analysis Link
May Month COT Report Analysis Link
If you following this report you knows that in previous week the sentiments from the COT report was bearish and we have seen a good decline in last week so the idea of previous week COT report comes true
Now for this week if you refer the COT report data from the following data you can clearly see that the behavior of MM is same as it was in previous week , this time also they are pulling money from the Long Contracts (-613) and adding money in the Short contracts (+11992) and this is same as we have seen in previous report.
COT report sentiments :Bearish
COT Report Analysis 15 July 2022
Hello Everyone,
COT report is available for the last week (July 15, 2022) and we will analyze the COT report Data in this post.
If you following this report you knows that in previous week the sentiments from the COT report was bearish and we have seen a good decline in last week so the idea of previous week COT report comes true
Now for this week if you refer the COT report data from the following data you can clearly see that the behavior of MM is same as it was in previous week , this time also they are pulling money from the Long Contracts (-11803) and adding money in the Short contracts (+11364) and this is big change compared to previous report.
Also in previous week we have seen that the 1700 level support is holding well so far but as the MM net Positions is at very low level like we have seen in April 2018 and Sep 2018 and after this low we have seen good rise in Gold price .
On price action chart 1680 is important level to watch (The Last Hope) and if Hold the we can expect reversal of trend from here but breakdown will result in long term bearish trend . Managed Money - mostly hedge funds & always heaviest net long gold futures contracts at tops and least net long at bottoms .
You know what's coming if breakdown 1680 by iambalramkashyap on TradingView.com
COT report sentiments :Bearish
You know what's coming if breakdown 1680 by iambalramkashyap on TradingView.com