CFTC Gold COT Report Ledger — 2023-02-07

Weekly Positioning Metrics

Gold Close Price

$1871.70

Smart Money Net

59,576

Total Open Interest

439,755

OI 1W Delta

-31,887

BEARISH DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2023-02-07, COMEX Gold futures closed at $1871.70. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 59,576 contracts.

Week-over-Week Shift: Open Interest contracted by 31,887 contracts compared to the prior report (2023-01-31), while Gold's net Managed Money position decreased by 24,871 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.