CFTC Gold COT Report Ledger — 2024-07-30

Weekly Positioning Metrics

Gold Close Price

$2405.00

Smart Money Net

152,364

Total Open Interest

510,914

OI 1W Delta

-61,392

BEARISH DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-07-30, COMEX Gold futures closed at $2405.00. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 152,364 contracts.

Week-over-Week Shift: Open Interest contracted by 61,392 contracts compared to the prior report (2024-07-23), while Gold's net Managed Money position decreased by 10,496 contracts.

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