CFTC Analysis: Banks are Selling Short Again

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comWeek Snapshot: Battle* Day 1- down… OI comes in 1.5k as longs puke* Day 2- down, OI +5k as shorts pile in* Day 3- Longs buy in AM, Shorts sell in PM. OI +7k* Day 4+ 5- shorts add more in down move +1.5k* Day 6- shorts add again 5.5k in down move* Day 7- New Longs buy into short selling- possible fish hook* Day 8- New longs buy into selling- fish hook… banks covered some as well* Failed fish hooks become bear flags* market has to rally tonight or its LIKELY another cycle lower and the news is not good so far on war front.. last time it was bullish for GoldCFTC COT FLOWS* Producers: closed shorts for profits* Endusers: Added to Longs losing* Short Banks: Opened shorts for profits* Long Banks: puked longs lost money* Long Funds: Added to losers* Short Funds: Added to winners* Macro D- Added longs and shorts* Retail: puked longsTerminology:* Closed shorts = winner; Covered shorts = loser* Got Long = Winner; puked longs = loserConclusions:* Producers and endusers are back to regular business* Banks are playing short and getting increasingly confident BUT