GLDThe gold market has been in trending mode, with central banks, geopolitics, and even biology helping to foment the action. While CFTC data shows something resembling a crowded long trade in place, gold can continue higher under such conditions, just as it did in 2010, when CFTC data showed an all-time high in speculative long positioning BEFORE the big parabolic run higher.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.