For the CFTC report week ending 2021-09-28, COMEX Gold futures closed at $1735.80. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 30,861 contracts.
Macro Signal Insight: The quantitative engine registered a STRONG BEARISH CONFIRMATION (OI FLAT) signal. Gold Smart Money flow showed bearish distribution.