CFTC Gold COT Report Ledger — 2025-11-18

Weekly Positioning Metrics

Gold Close Price

$4061.30

Smart Money Net

98,205

Total Open Interest

471,953

OI 1W Delta

+11,956

WEAK BEARISH - UNCONFIRMED (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2025-11-18, COMEX Gold futures closed at $4061.30. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 98,205 contracts.

Week-over-Week Shift: Open Interest expanded by 11,956 contracts compared to the prior report (2025-11-10), while Gold's net Managed Money position decreased by 5,882 contracts.

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