For the CFTC report week ending 2021-11-23, COMEX Gold futures closed at $1783.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 105,339 contracts.
Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI CONTRACTING) signal. Gold Smart Money flow showed bearish distribution.