Empty means buy it. Spot gold generally doesn't mean to buy down, which means to be short, nor does it mean to buy up, which means to be long. Just remember whether the rise is more or less empty.

CFTC's report for the week ending July 14 shows that the total speculative long positions of fund managers in Comex gold futures decreased by 24 10 lots to 177400 lots. Meanwhile, short contracts decreased by 1960 lots to 42,427 lots. Although the net long position of gold was relatively stable, the decrease in long bets led to the first decline in the net long position of gold in four weeks. The net long position of gold is currently 134973 lots, down 3% from the previous week. TD Securities analyst said, "Given that the price of gold is in the upper half of the trading range and it is already quite crowded, the lack of major new macro information may mean that there will still be profit taking." Analysts at Commerzbank also believe that it is difficult for gold prices to find new momentum above $65,438+$0.800 per ounce, but they add that it is expected to be a short consolidation period; Analysts said: "We believe that it is only a matter of time before gold prices resume rising. After all, investors still have considerable interest, which can be seen from the continuous inflow of ETF funds.