"Gold specs rapidly covered their wrong way long bets after the FOMC turned hawkish.
Silver specs were a lot less quick to follow gold lower on technical support levels—latest jobs report suggests even lower prices.
Platinum investors took profits into lower prices, seeing the S. African mining industry teetering on disaster.
Palladium specs added slightly to short positions, as prices were dragged back down by negative precious metals sentiment.
Copper specs built back net short positioning, worried that the China 5-year plan wouldn't be copper demand-boosting enough.
Specs aggressively covered their short oil exposure on wishful thinking that US weak drilling results and Libya production declines would improve the fundamental story.
Warm weather expectations and ample inventories prompted Natgas investors to cut longs and build new short positions.
Large gasoline inventory draws persuaded specs to cover their short exposure.
Heating oil investors ended the week relatively flat amid uncertainties surrounding price direction."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.