CTA Positioning - 9 Feb 2026

CTA had been cutting their length in precious and base metals since start of Feb (locking in profits), with varied positioning even within precious. They are still long Gold, slightly long Silver and Palladium and close to flat on Platinum. Still long Copper and slightly long Aluminium. Close to max length on Oil and products, turning to flat on US Treasuries and going long on US 2Y.




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