6:52p ET Tuesday, July 6, 2021
Dear Friend of GATA and Gold:
The TF Metals Report's Craig Hemke, writing today at Sprott Money, says futures trading position reports are not the best tools for short-term trading but they do signify some things, and current positioning suggests that gold's near-term lows are behind it.
Hemke's analysis is headlined "Washing Out the CoT" and it's posted at Sprott Money here:
https://www.sprottmoney.com/blog/Washing-Out-the-CoT-Craig-Hemke-July-06-2021 [1]
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org [2]
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