CFTC Gold COT Report Ledger — 2021-03-02

Weekly Positioning Metrics

Gold Close Price

$1733.10

Smart Money Net

45,960

Total Open Interest

467,008

OI 1W Delta

-14,117

STRONG BEARISH CONFIRMATION (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2021-03-02, COMEX Gold futures closed at $1733.10. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 45,960 contracts.

Week-over-Week Shift: Open Interest contracted by 14,117 contracts compared to the prior report (2021-02-23), while Gold's net Managed Money position decreased by 23,163 contracts.

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