CFTC Gold COT Report Ledger — 2024-11-19

Weekly Positioning Metrics

Gold Close Price

$2627.10

Smart Money Net

155,174

Total Open Interest

502,952

OI 1W Delta

-33,029

WEAK BEARISH - UNCONFIRMED (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-11-19, COMEX Gold futures closed at $2627.10. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 155,174 contracts.

Week-over-Week Shift: Open Interest contracted by 33,029 contracts compared to the prior report (2024-11-12), while Gold's net Managed Money position decreased by 10,122 contracts.

Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI CONTRACTING) signal. Gold Smart Money flow showed bearish distribution.