CFTC Gold COT Report Ledger — 2022-05-24

Weekly Positioning Metrics

Gold Close Price

$1865.10

Smart Money Net

61,057

Total Open Interest

530,098

OI 1W Delta

-25,658

GOLD-USD DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2022-05-24, COMEX Gold futures closed at $1865.10. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 61,057 contracts.

Week-over-Week Shift: Open Interest contracted by 25,658 contracts compared to the prior report (2022-05-17), while Gold's net Managed Money position increased by 17,697 contracts.

Macro Signal Insight: The quantitative engine registered a GOLD-USD DIVERGENCE (OI CONTRACTING) signal. Gold Smart Money flow diverged from USD Index speculator flow, indicating macroeconomic stress.