Gold Report

#GOLD Based on the latest #GOLD report, non-commercial traders added 10k new long positions this week after closing 31k longs in the previous week. Additionally, 2,500 short positions were closed, further tilting the bias toward the bullish side. This shift suggests a cautious re-entry into long positions, indicating that while sentiment has turned slightly positive, it is not yet as aggressive as the strong 41k build-up seen earlier. Overall, the positioning reflects moderate bullish sentiment with potential for expansion if price action supports further upside.