CFTC Gold COT Report Ledger — 2020-11-10

Weekly Positioning Metrics

Gold Close Price

$1875.40

Smart Money Net

79,783

Total Open Interest

547,449

OI 1W Delta

+2,675

BEARISH DIVERGENCE (OI FLAT)

Analysis & Institutional Flow

For the CFTC report week ending 2020-11-10, COMEX Gold futures closed at $1875.40. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 79,783 contracts.

Week-over-Week Shift: Open Interest expanded by 2,675 contracts compared to the prior report (2020-11-03), while Gold's net Managed Money position decreased by 10,912 contracts.

Macro Signal Insight: The quantitative engine registered a BEARISH DIVERGENCE (OI FLAT) signal. Gold Smart Money flow diverged from USD Index speculator flow, indicating macroeconomic stress.