CFTC Gold COT Report Ledger — 2024-04-16

Weekly Positioning Metrics

Gold Close Price

$2390.80

Smart Money Net

134,736

Total Open Interest

517,193

OI 1W Delta

+11,979

WEAK BEARISH - UNCONFIRMED (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-04-16, COMEX Gold futures closed at $2390.80. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 134,736 contracts.

Week-over-Week Shift: Open Interest expanded by 11,979 contracts compared to the prior report (2024-04-09), while Gold's net Managed Money position decreased by 6,996 contracts.

Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI EXPANDING) signal. Gold Smart Money flow showed bearish distribution.