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Gold and silver are sending the same message.
Smart Money shorts control $344M in $XAU and $70.8M in $XAG .
And they’re not just positioned short. They’re winning.
Gold longs: -$8.13M
Silver longs: -$3.14M
Meanwhile, shorts are sitting on a combined +$10.5M.
Gold is down 1.3%. Silver is down 2.5%. For now, Smart Money isn’t buying the dip. It’s getting paid for the drop.
