Smart Money Is Deploying Fresh Capital

Money managers have turned bearish on crude oil, with rising open interest driven by increasing short positions. In gold, both commercials and managed money are exiting futures, causing declining open interest and signaling subdued institutional participation in the near term. The article points to weaker positioning across both commodities rather than a fundamental catalyst.

Analysis

Money managers have turned bearish on crude oil, with rising open interest driven by increasing short positions. In gold, both commercials and managed money are exiting futures, causing declining open interest and signaling subdued institutional participation in the near term. The article points to weaker positioning across both commodities rather than a fundamental catalyst.