CFTC Gold COT Report Ledger — 2023-11-21

Weekly Positioning Metrics

Gold Close Price
$1999.30
Smart Money Net
79,135
Total Open Interest
508,429
OI 1W Delta
+21,795
GOLD-USD DIVERGENCE (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2023-11-21, COMEX Gold futures closed at $1999.30. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 79,135 contracts.

Week-over-Week Shift: Open Interest expanded by 21,795 contracts compared to the prior report (2023-11-14), while Gold's net Managed Money position increased by 14,820 contracts.

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