CFTC Gold COT Report Ledger — 2024-05-14

Weekly Positioning Metrics

Gold Close Price

$2353.40

Smart Money Net

130,435

Total Open Interest

522,952

OI 1W Delta

-6,883

WEAK BULLISH - UNCONFIRMED (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-05-14, COMEX Gold futures closed at $2353.40. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 130,435 contracts.

Week-over-Week Shift: Open Interest contracted by 6,883 contracts compared to the prior report (2024-05-07), while Gold's net Managed Money position increased by 4,336 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.