CFTC Gold COT Report Ledger — 2024-06-18

Weekly Positioning Metrics

Gold Close Price

$2330.40

Smart Money Net

160,621

Total Open Interest

444,345

OI 1W Delta

+7,488

GOLD-USD DIVERGENCE (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-06-18, COMEX Gold futures closed at $2330.40. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 160,621 contracts.

Week-over-Week Shift: Open Interest expanded by 7,488 contracts compared to the prior report (2024-06-11), while Gold's net Managed Money position increased by 7,656 contracts.

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