CFTC Gold COT Report Ledger — 2022-11-22

Weekly Positioning Metrics

Gold Close Price

$1738.30

Smart Money Net

19,431

Total Open Interest

449,542

OI 1W Delta

-45,629

BEARISH DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2022-11-22, COMEX Gold futures closed at $1738.30. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 19,431 contracts.

Week-over-Week Shift: Open Interest contracted by 45,629 contracts compared to the prior report (2022-11-15), while Gold's net Managed Money position decreased by 6,026 contracts.

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