COT Gold Charts

I've been collecting the weekly Commitments of Traders (COT) report and comparing it to the movement in gold with the hope to find buy and sell areas from where the big money is moving in the synthetic futures paper market. The big guys in the report are the Commercials (Comm) and the small guys are the Speculative traders (Spec).

I'll let you decide your own thoughts about the affect on gold and future price movements.

*The COT report is available every Friday with data from COB Tuesday. I've used the close price for gold in USD for every Tuesday and it is not represented on a daily basis.

**I am not posting this on the gold thread as it has - for the most part - deteriorated into bun fights of crud with little to no value, a real time waster.
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COT spread chart - aggregate position (long vs short) of both commercial and spec traders.



Total market spread - the total position short and long for the market, both commercial and spec.



Commercial traders position - long, short and spread.



Commercial rate of change - the percentage move in long short spread from the prior week. As seen from the previous chart, the commercial long position is fairly static and it's the short position that contains the majority of movement. Positive percentage on the chart indicates the amount of shorts covered from the previous week. Conversely, negative indicates an increase in short positions.