The COT report shows the large Commercials aka JPM have increased their Gold contracts long + 2.8% and reduced their shorts by -1.8% in total 9110 contracts.
In Silver by long 0.6% and short -5.0% in total 3110 contracts
http://news.goldseek.com/COT/1232129...
Typically they increase their short position considerably before they take it down. The COT report however only includes data up to last Tuesday and is obsolete at the time of publishing to protect the manipulators so any conclusions may be superceded by this time e.g. to lure more longs into the trap.