CFTC Gold COT Report Ledger — 2024-02-06

Weekly Positioning Metrics

Gold Close Price

$2034.50

Smart Money Net

68,069

Total Open Interest

419,121

OI 1W Delta

-11,207

GOLD-USD DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-02-06, COMEX Gold futures closed at $2034.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 68,069 contracts.

Week-over-Week Shift: Open Interest contracted by 11,207 contracts compared to the prior report (2024-01-30), while Gold's net Managed Money position increased by 12,045 contracts.

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