He said that rjomrt.com measures the sentiment of managed-money accounts according to data released by the Commodity Futures Trading Commission in its weekly commitment of traders report.

FORBES: FOCUS: Gold Nearing Important Technical Chart Support Levels

Speculators added to their net-long gold position in the disaggregated commitment of traders report released by the Commodity Futures Trading Commission, but cut positions slightly in the legacy report.

FORBES: FOCUS: Mixed Speculative Activity Seen In CFTC Data Following Metals Price Break

The latest CFTC Commitment of Traders Report that came out Monday afternoon after 3:30 p.m. showed that the short position in silver contracted very slightly, from 54, 811 contracts to 52, 398 contracts.

FORBES: Smells Like A Silver Short Squeeze In The Making