CFTC Gold COT Report Ledger — 2021-07-06

Weekly Positioning Metrics

Gold Close Price

$1793.50

Smart Money Net

77,960

Total Open Interest

465,811

OI 1W Delta

+12,451

GOLD-USD DIVERGENCE (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2021-07-06, COMEX Gold futures closed at $1793.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 77,960 contracts.

Week-over-Week Shift: Open Interest expanded by 12,451 contracts compared to the prior report (2021-06-29), while Gold's net Managed Money position increased by 16,578 contracts.

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