CFTC Gold COT Report Ledger — 2024-01-16

Weekly Positioning Metrics

Gold Close Price

$2026.00

Smart Money Net

83,229

Total Open Interest

489,334

OI 1W Delta

-515

BEARISH DIVERGENCE (OI FLAT)

Analysis & Institutional Flow

For the CFTC report week ending 2024-01-16, COMEX Gold futures closed at $2026.00. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 83,229 contracts.

Week-over-Week Shift: Open Interest contracted by 515 contracts compared to the prior report (2024-01-09), while Gold's net Managed Money position decreased by 5,230 contracts.

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