For the CFTC report week ending 2024-09-17, COMEX Gold futures closed at $2564.30. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 216,355 contracts.
Macro Signal Insight: The quantitative engine registered a STRONG BULLISH CONFIRMATION (OI EXPANDING) signal. Gold Smart Money flow was bullish, aligned with institutional buying interest.