CFTC Gold COT Report Ledger — 2024-11-12

Weekly Positioning Metrics

Gold Close Price

$2600.00

Smart Money Net

165,296

Total Open Interest

535,981

OI 1W Delta

-22,053

BEARISH DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-11-12, COMEX Gold futures closed at $2600.00. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 165,296 contracts.

Week-over-Week Shift: Open Interest contracted by 22,053 contracts compared to the prior report (2024-11-05), while Gold's net Managed Money position decreased by 17,707 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.