CFTC Gold COT Report Ledger — 2023-05-30

Weekly Positioning Metrics

Gold Close Price

$1958.00

Smart Money Net

86,703

Total Open Interest

449,515

OI 1W Delta

-29,565

STRONG BEARISH CONFIRMATION (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2023-05-30, COMEX Gold futures closed at $1958.00. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 86,703 contracts.

Week-over-Week Shift: Open Interest contracted by 29,565 contracts compared to the prior report (2023-05-23), while Gold's net Managed Money position decreased by 6,436 contracts.

Macro Signal Insight: The quantitative engine registered a STRONG BEARISH CONFIRMATION (OI CONTRACTING) signal. Gold Smart Money flow showed bearish distribution.