For the CFTC report week ending 2022-11-01, COMEX Gold futures closed at $1645.00. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of -41,401 contracts.
Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI EXPANDING) signal. Gold Smart Money flow showed bearish distribution.