For the CFTC report week ending 2024-02-13, COMEX Gold futures closed at $1992.90. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 34,176 contracts.
Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI FLAT) signal. Gold Smart Money flow showed bearish distribution.