CFTC Gold COT Report Ledger — 2023-12-05

Weekly Positioning Metrics

Gold Close Price

$2018.50

Smart Money Net

109,387

Total Open Interest

487,469

OI 1W Delta

-18,189

STRONG BEARISH CONFIRMATION (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2023-12-05, COMEX Gold futures closed at $2018.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 109,387 contracts.

Week-over-Week Shift: Open Interest contracted by 18,189 contracts compared to the prior report (2023-11-28), while Gold's net Managed Money position decreased by 5,506 contracts.

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