For the CFTC report week ending 2023-10-10, COMEX Gold futures closed at $1861.00. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of -26,767 contracts.
Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI EXPANDING) signal. Gold Smart Money flow showed bearish distribution.