For the CFTC report week ending 2024-08-13, COMEX Gold futures closed at $2466.70. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 177,915 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.