• Bets on gold rising little changed in week ending Jun 13

• Longs were slashed from 302k contracts to 161k between Feb and May

• Bullish wagers grew to 188k contracts at beginning of June

• Usually specs on gold rising increases in troubling times

• Instead profit taking has dominated flows during the trade war

• If FX traders follow suit, may pare bullish bets on euro, yen and pound

• A dollar that isn't considered safe may be worth buying

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Gold and betting

(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)