CFTC Gold COT Report Ledger — 2021-07-13

Weekly Positioning Metrics

Gold Close Price

$1809.40

Smart Money Net

86,291

Total Open Interest

495,798

OI 1W Delta

+29,987

GOLD-USD DIVERGENCE (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2021-07-13, COMEX Gold futures closed at $1809.40. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 86,291 contracts.

Week-over-Week Shift: Open Interest expanded by 29,987 contracts compared to the prior report (2021-07-06), while Gold's net Managed Money position increased by 8,331 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.