FYI for early morning later
📊 Speculative Net Position of Gold (CFTC)
This data is released by the
Commodity Futures Trading Commission
(alias CFTC), which shows the net position of large speculative traders in gold.
In the latest data: 👉 the net position of gold has decreased from the previous period.
🔍 What does it mean?
In short:
👉 This is not a price
👉 This is not an entry signal
👉 But a picture of the sentiment of big speculators towards gold
If the number goes down:
➡️ it means the net long interest in gold from speculators is decreasing
➡️ the gold market is not very aggressively bullish
🧠 For XAUUSD traders (like me)
As a XAU scalper (M5, market structure + liquidation):
👉 I use this CFTC data for: big bias context only
Not for:
❌ directly opening a sell
❌ or directly chasing a buy
Still:
wait for a sweep high / low
wait for BOS / CHoCH
then execute in the liquidity area
🪙 Then what’s the connection to BTCUSD?
BTC is indeed a different market,
but risk sentiment usually still connects.
If in gold alone:
➡️ speculators are starting to reduce exposure
➡️ the market is being a bit cautious
👉 for BTC: usually only used to read risk mood,
not a technical signal.
🎯 The safest way to use this data
✔️ Use for: weekly sentiment context
✔️ Still enter: using price action + liquidation in M5
📝 In summary:
Speculative Net Position Data of Gold (CFTC)
= a picture of the position of large speculators in gold.
➡️ Relevant for XAU traders
➡️ For BTC, just as a risk sentiment reader
📌 For me personally:
CFTC = background data
Entry still comes from the chart.
#XAUUSD #BTCUSD #CFTC #CommitmentOfTraders #liquidity