For the CFTC report week ending 2022-04-05, COMEX Gold futures closed at $1922.90. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 101,627 contracts.
Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI CONTRACTING) signal. Gold Smart Money flow showed bearish distribution.