Article from Reuters with their take on the CFTC’s regular Friday data release, saying:
Hedge funds took huge positive bets on U.S. crude oil this week just before the market turned south but they had better luck going long on gold as the precious metal rallied
Note – CFTC data is as of Tuesday (July 23rd for this data), and released on Friday (July 26)
Hedge funds bet wrong on US crude before slump, right on gold
