CFTC Gold COT Report Ledger — 2023-07-18

Weekly Positioning Metrics

Gold Close Price

$1977.20

Smart Money Net

115,318

Total Open Interest

482,104

OI 1W Delta

-1,066

STRONG BULLISH CONFIRMATION (OI FLAT)

Analysis & Institutional Flow

For the CFTC report week ending 2023-07-18, COMEX Gold futures closed at $1977.20. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 115,318 contracts.

Week-over-Week Shift: Open Interest contracted by 1,066 contracts compared to the prior report (2023-07-11), while Gold's net Managed Money position increased by 32,875 contracts.

Macro Signal Insight: The quantitative engine registered a STRONG BULLISH CONFIRMATION (OI FLAT) signal. Gold Smart Money flow was bullish, aligned with institutional buying interest.