CFTC Gold COT Report Ledger — 2023-04-04

Weekly Positioning Metrics

Gold Close Price

$2022.20

Smart Money Net

110,131

Total Open Interest

476,592

OI 1W Delta

-2,019

GOLD-USD DIVERGENCE (OI FLAT)

Analysis & Institutional Flow

For the CFTC report week ending 2023-04-04, COMEX Gold futures closed at $2022.20. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 110,131 contracts.

Week-over-Week Shift: Open Interest contracted by 2,019 contracts compared to the prior report (2023-03-28), while Gold's net Managed Money position increased by 10,971 contracts.

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