CFTC Gold COT Report Ledger — 2021-02-02

Weekly Positioning Metrics

Gold Close Price

$1830.50

Smart Money Net

87,778

Total Open Interest

520,011

OI 1W Delta

-14,563

WEAK BEARISH - UNCONFIRMED (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2021-02-02, COMEX Gold futures closed at $1830.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 87,778 contracts.

Week-over-Week Shift: Open Interest contracted by 14,563 contracts compared to the prior report (2021-01-26), while Gold's net Managed Money position decreased by 8,621 contracts.

Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI CONTRACTING) signal. Gold Smart Money flow showed bearish distribution.