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Gold: Short covering signals renewed bullish momentum - TD Securities

Trade Hub UK regulation desk (2026-10-09): TD Securities’ Ryan McKay and Bart Melek highlight that CTAs (Commodity Trading Advisors) are covering Gold shorts, with positioning rising by around 7% of… Primary source: original at FXStreet (fxstreet.com).

By FXStreet

Gold: Short covering signals renewed bullish momentum - TD Securities

TD Securities’ Ryan McKay and Bart Melek highlight that CTAs (Commodity Trading Advisors) are covering Gold shorts, with positioning rising by around 7% of maximum historical size. They note renewed inflows into Chinese Gold ETFs after the holiday and continued global ETF demand.

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Source: FXStreet