CFTC Gold COT Report Ledger — 2023-11-07

Weekly Positioning Metrics

Gold Close Price

$1966.80

Smart Money Net

78,235

Total Open Interest

484,347

OI 1W Delta

+8,539

WEAK BULLISH - UNCONFIRMED (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2023-11-07, COMEX Gold futures closed at $1966.80. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 78,235 contracts.

Week-over-Week Shift: Open Interest expanded by 8,539 contracts compared to the prior report (2023-10-31), while Gold's net Managed Money position increased by 3,395 contracts.

Macro Signal Insight: The quantitative engine registered a WEAK BULLISH - UNCONFIRMED (OI EXPANDING) signal. Gold Smart Money flow was bullish, aligned with institutional buying interest.