CFTC Gold COT Report Ledger — 2023-06-27

Weekly Positioning Metrics

Gold Close Price

$1914.00

Smart Money Net

69,675

Total Open Interest

431,861

OI 1W Delta

-6,176

WEAK BEARISH - UNCONFIRMED (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2023-06-27, COMEX Gold futures closed at $1914.00. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 69,675 contracts.

Week-over-Week Shift: Open Interest contracted by 6,176 contracts compared to the prior report (2023-06-20), while Gold's net Managed Money position decreased by 6,364 contracts.

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