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Gold Short Positions Still Growing: Short-Squeeze Rebound Ahead?

Annie Gilroy
Gold Short Positions Still Growing: Short-Squeeze Rebound Ahead?

The report comes out every Friday and shows open interest on the previous Tuesday. According to the COT report for the week ended August 24, detailing holdings as of August 21, money managers were net short on gold for the ninth straight week. This net short position in gold is unprecedented.