CFTC Gold COT Report Ledger — 2024-02-20

Weekly Positioning Metrics

Gold Close Price

$2027.50

Smart Money Net

49,923

Total Open Interest

407,063

OI 1W Delta

-13,749

WEAK BULLISH - UNCONFIRMED (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-02-20, COMEX Gold futures closed at $2027.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 49,923 contracts.

Week-over-Week Shift: Open Interest contracted by 13,749 contracts compared to the prior report (2024-02-13), while Gold's net Managed Money position increased by 15,747 contracts.

Macro Signal Insight: The quantitative engine registered a WEAK BULLISH - UNCONFIRMED (OI CONTRACTING) signal. Gold Smart Money flow was bullish, aligned with institutional buying interest.