Gold hasn't been this deep in the buy zone since early 2005 as CFTC data show a massive exit of large speculator net long positions. What this says about the long-term trend is a question of debate, but it's probably not the worst short-run indicator. GLD +0.9% premarket, continuing a minor bounce since the metal fell below $1,200/ounce last week.
Gold hasn't been this deep in the buy zone since early 2005 as CFTC data show a massive exit of...
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Symbol | Last Price | % Chg |
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GLD | - | - |
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