Gold: Some buying activity is hitting the tapes – TDS
20.09.2024, 15:10

Gold: Some buying activity is hitting the tapes – TDS

Gold prices continue to melt into new all-time highs in the overnight, TDS Senior Commodity Strategist Daniel Ghali notes.

Shanghai trader positioning has edged off its record highs

“Clearly, some buying activity is hitting the tapes, but the source remains off of our radar for now. In fact, visible flows point to modest outflows from broad commodity funds and a continued trend of outflows Chinese Gold ETFs. Shanghai trader positioning has edged off its record highs, with aggregate net positioning for the top traders remaining fairly stable.”

“Certainly, participants feel comfortable knowing that central banks are on the bid, but on a six-month moving average basis, official global central bank flows are now trending towards their lowest levels in five years. In Comex Gold, non-commercial 'directional short' positioning, which accounts for EFP positioning, points to nearly no shorts remaining following recent short covering.”

“Our latest gauge of macro fund positioning remained just a nudge below its maximum historical levels, and CTAs are effectively max long. We only note marginal inflows into popular Western Gold ETFs, and perhaps most notable, signs of risk parity and vol-targeting funds' releveraging.”

© 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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

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.

Politika poverenja

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.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik