CFTC Gold COT Report Ledger — 2022-05-03

Weekly Positioning Metrics

Gold Close Price

$1868.80

Smart Money Net

67,847

Total Open Interest

560,441

OI 1W Delta

+2,656

WEAK BEARISH - UNCONFIRMED (OI FLAT)

Analysis & Institutional Flow

For the CFTC report week ending 2022-05-03, COMEX Gold futures closed at $1868.80. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 67,847 contracts.

Week-over-Week Shift: Open Interest expanded by 2,656 contracts compared to the prior report (2022-04-26), while Gold's net Managed Money position decreased by 13,270 contracts.

Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI FLAT) signal. Gold Smart Money flow showed bearish distribution.