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Ag
XAGUSD
As of 2026-07-21
−10Neutral
What smart money is doing
Comparing the latest COT report with the previous two. When large speculators keep adding shorts the bias is bearish; when they keep adding longs it is bullish.
Silver
+28,015→+25,074→+23,465
Adding shorts · bearishSilver
Net+23,465−1,609
Long36,741+495
Short13,276+2,104
Signal components
- COT positioning trend (last 3 reports)weight 1.00
The bias tracks the trend in COT positioning over the last three reports. Further inputs (seasonality and others) will appear here as they are added, each contributing to the composite bias by weight.