CFTC Gold COT Report Ledger — 2021-11-02

Weekly Positioning Metrics

Gold Close Price

$1788.70

Smart Money Net

85,239

Total Open Interest

507,616

OI 1W Delta

-2,178

WEAK BEARISH - UNCONFIRMED (OI FLAT)

Analysis & Institutional Flow

For the CFTC report week ending 2021-11-02, COMEX Gold futures closed at $1788.70. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 85,239 contracts.

Week-over-Week Shift: Open Interest contracted by 2,178 contracts compared to the prior report (2021-10-26), while Gold's net Managed Money position decreased by 1,123 contracts.

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