For the CFTC report week ending 2023-11-14, COMEX Gold futures closed at $1961.80. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 64,315 contracts.
Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI FLAT) signal. Gold Smart Money flow showed bearish distribution.