The strong US jobs report for October and upgrade to US grain stocks forecasts have had a big impact on commodities, the latest weekly Commitment of Traders report shows. Bullish bets on the COT report's 24 commodities slid by 73% to a new record low. Gold and corn were especially hard hit.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/cot-metals-and-grains-sold-off-last-week-6590139?utm_medium=tf4-feed&utm_source=extract
COT: Metals and grains sold off last week
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