For the CFTC report week ending 2022-04-26, COMEX Gold futures closed at $1901.40. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 81,117 contracts.
Macro Signal Insight: The quantitative engine registered a STRONG BEARISH CONFIRMATION (OI CONTRACTING) signal. Gold Smart Money flow showed bearish distribution.