CFTC Gold COT Report Ledger — 2023-09-19

Weekly Positioning Metrics

Gold Close Price

$1932.00

Smart Money Net

47,390

Total Open Interest

438,078

OI 1W Delta

-3,143

GOLD-USD DIVERGENCE (OI FLAT)

Analysis & Institutional Flow

For the CFTC report week ending 2023-09-19, COMEX Gold futures closed at $1932.00. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 47,390 contracts.

Week-over-Week Shift: Open Interest contracted by 3,143 contracts compared to the prior report (2023-09-12), while Gold's net Managed Money position increased by 12,819 contracts.

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