For the CFTC report week ending 2022-03-29, COMEX Gold futures closed at $1912.00. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 108,302 contracts.
Macro Signal Insight: The quantitative engine registered a STRONG BEARISH CONFIRMATION (OI CONTRACTING) signal. Gold Smart Money flow showed bearish distribution.