The latest leg of the rally in Gold is a stop hunt? – TDS
Source Fxstreet
The timing of Gold's incursion into new all-time highs struck several market watchers as odd, but the latest CFTC positioning data helps to inform the price action, TDS’ Senior Commodity Strategist Daniel Ghali notes.
Latest leg of the rally might be associated with a short-squeeze
“A few proprietary traders, family offices and macro funds joined the dark side over the prior week, initiating some shorts ahead of the highly anticipated start of the Fed's cutting cycle.”
“Meanwhile, our gauge of macro funds' net positioning nudged lower over the last week, which alongside max'ed out readings for CTA positioning and concurrent liquidations from Shanghai traders, reveals that the latest leg of the rally may well have been associated with a short-squeeze.”
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Bitcoin Cash (BCH) NewsTradingKey - On December 4, 2025, Bitcoin Cash (BCH) led the crypto market, surging over 8% to near $600, pushing its market capitalization into the global top 10. In the past y
EMJ Capital CEO Eric Jackson predicts Bitcoin could hit $50 million by 2041, arguing it will replace the Eurodollar system as the neutral collateral layer for global sovereign debt.
Bitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.
The AUD/USD pair enters a bullish consolidation phase at the start of a new week and oscillates in a narrow range near its highest level since September 16, touched on Friday.
The crypto market remains unsettled two months after the "October 10" liquidation wave, one of its largest ever. Bitcoin's price has erased all its year-to-date gains, quieting prediction
