CFTC Gold COT Report Ledger — 2022-10-04

Weekly Positioning Metrics

Gold Close Price

$1721.10

Smart Money Net

-6,875

Total Open Interest

437,065

OI 1W Delta

-19,996

GOLD-USD DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2022-10-04, COMEX Gold futures closed at $1721.10. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of -6,875 contracts.

Week-over-Week Shift: Open Interest contracted by 19,996 contracts compared to the prior report (2022-09-27), while Gold's net Managed Money position increased by 36,219 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.