For the CFTC report week ending 2025-07-29, COMEX Gold futures closed at $3323.40. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 134,256 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.