CFTC Gold COT Report Ledger — 2023-08-01

Weekly Positioning Metrics

Gold Close Price

$1940.70

Smart Money Net

80,009

Total Open Interest

439,383

OI 1W Delta

-36,793

BEARISH DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2023-08-01, COMEX Gold futures closed at $1940.70. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 80,009 contracts.

Week-over-Week Shift: Open Interest contracted by 36,793 contracts compared to the prior report (2023-07-25), while Gold's net Managed Money position decreased by 15,278 contracts.

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