CFTC Gold COT Report Ledger — 2023-10-03

Weekly Positioning Metrics

Gold Close Price

$1824.60

Smart Money Net

-7,561

Total Open Interest

431,226

OI 1W Delta

-4,394

STRONG BEARISH CONFIRMATION (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2023-10-03, COMEX Gold futures closed at $1824.60. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of -7,561 contracts.

Week-over-Week Shift: Open Interest contracted by 4,394 contracts compared to the prior report (2023-09-26), while Gold's net Managed Money position decreased by 30,999 contracts.

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