Housekeeping: Good Afternoon.
Intro: Companion piece to the post entitled **Special Gold CTA Analysis 1st Look. Important details in the video.
GoldFix Key Points:
Precious 1: are in mid-stream of reducing longs. Given the relative strength of them so far, it would suggest CTA selling is not as important as it used to be and that there are buyers ( we think a bullion bank is one) who have some urgency so far.
