For the CFTC report week ending 2021-12-14, COMEX Gold futures closed at $1770.40. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 63,417 contracts.
Macro Signal Insight: The quantitative engine registered a BEARISH DIVERGENCE (OI FLAT) signal. Gold Smart Money flow diverged from USD Index speculator flow, indicating macroeconomic stress.