Still, the total net length was the lowest level since Feb. 1.

FORBES: CFTC Data: Funds Trim Gold, Silver Length Slightly; Next Report To Be 'Much More Telling'

This net length is now at the lowest level since July 2010.

FORBES: Large Speculators Halt Slide In Net Length For U.S. Gold Futures

This was the lowest level since August and meant these accounts have trimmed more than half of their length since a net long of 30, 525 as recently as April 12.

FORBES: CFTC Data: Funds Trim Gold, Silver Length Slightly; Next Report To Be 'Much More Telling'