The top traders in Shanghai Futures Exchange (SHFE) Gold are piling back into the Yellow Metal, TDS Senior Commodity Strategist Daniel Ghali notes.
“After a month's pause in SHFE traders’ buying activity, positioning for the top traders in SHFE Gold is now rising at a fast clip towards its previous all-time highs set in 2024Q1. This is particularly interesting as it comes at a time when our tracking of Chinese flows also points to divestment from domestic Gold ETFs, suggesting that retail traders are not behind the bid, as was likely the case earlier this year.”
“The top traders on SHFE have now added +10t of Gold to their books over the last five trading sessions, driven almost exclusively by new longs. This also comes as discretionary traders are piling back into Comex Gold, with our analytics suggesting Gold length is potentially benefiting from the Trump trade in addition to expectations for a cutting cycle to commence.”
“Commodity Trading Advisors (CTAs) are also still on the bid, and our simulations of future scenarios suggest that CTAs are likely to buy both Gold and silver in most scenarios this week. Flows continue to be supportive of upside momentum.”
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.