CFTC Gold COT Report Ledger — 2022-09-20

Weekly Positioning Metrics

Gold Close Price

$1659.70

Smart Money Net

-36,695

Total Open Interest

469,395

OI 1W Delta

+5,721

BEARISH DIVERGENCE (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2022-09-20, COMEX Gold futures closed at $1659.70. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of -36,695 contracts.

Week-over-Week Shift: Open Interest expanded by 5,721 contracts compared to the prior report (2022-09-13), while Gold's net Managed Money position decreased by 18,358 contracts.

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