Gold Miners ETF (GDX): Commercial gold futures traders are down...

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Sunday, 08/26/2018 10:47:21 AM

Sunday, August 26, 2018 10:47:21 AM

Commercial gold futures traders are down to the smallest net short position as a group since 2001
By: Tom McClellan | August 24, 2018

Commercial gold futures traders are down to the smallest net short position as a group since 2001. And silver commercials are also at a low net short position (they've never actually been net long as a group). Both conditions supportive of a precious metals uptrend.

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