CFTC Gold COT Report Ledger — 2026-04-07

Weekly Positioning Metrics

Gold Close Price

$4657.10

Smart Money Net

90,032

Total Open Interest

354,877

OI 1W Delta

-6,532

STRONG BEARISH CONFIRMATION (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2026-04-07, COMEX Gold futures closed at $4657.10. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 90,032 contracts.

Week-over-Week Shift: Open Interest contracted by 6,532 contracts compared to the prior report (2026-03-31), while Gold's net Managed Money position decreased by 2,782 contracts.

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