CFTC Gold COT Report Ledger — 2024-10-29

Weekly Positioning Metrics

Gold Close Price

$2768.40

Smart Money Net

195,173

Total Open Interest

579,468

OI 1W Delta

+5,708

STRONG BEARISH CONFIRMATION (OI FLAT)

Analysis & Institutional Flow

For the CFTC report week ending 2024-10-29, COMEX Gold futures closed at $2768.40. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 195,173 contracts.

Week-over-Week Shift: Open Interest expanded by 5,708 contracts compared to the prior report (2024-10-22), while Gold's net Managed Money position decreased by 9,987 contracts.

Macro Signal Insight: The quantitative engine registered a STRONG BEARISH CONFIRMATION (OI FLAT) signal. Gold Smart Money flow showed bearish distribution.