For the CFTC report week ending 2023-07-03, COMEX Gold futures closed at $1921.70. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 83,148 contracts.
Macro Signal Insight: The quantitative engine registered a STRONG BULLISH CONFIRMATION (OI EXPANDING) signal. Gold Smart Money flow was bullish, aligned with institutional buying interest.