Hedge funds cut bullish commodity bets by 3% in the week to December 20. All sectors apart from energy were sold particularly grains and metals. Multi-month highs were seen in all four major energy futures while the net-long in gold slumped by another 22% to lowest since February 2.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/cot-energy-strong-as-funds-cut-bullish-bets-overall-saxostrats-8347204?utm_medium=tf4-feed&utm_source=extract
COT: Energy strong as funds cut bullish bets overall — #SaxoStrats
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