CFTC Gold COT Report Ledger — 2023-12-12

Weekly Positioning Metrics

Gold Close Price

$1977.80

Smart Money Net

95,528

Total Open Interest

469,939

OI 1W Delta

-17,530

BEARISH DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2023-12-12, COMEX Gold futures closed at $1977.80. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 95,528 contracts.

Week-over-Week Shift: Open Interest contracted by 17,530 contracts compared to the prior report (2023-12-05), while Gold's net Managed Money position decreased by 13,859 contracts.

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