CFTC Gold COT Report Ledger — 2026-07-28

Weekly Positioning Metrics

Gold Close Price

$4036.30

Smart Money Net

119,795

Total Open Interest

384,603

OI 1W Delta

+1,235

STRONG BEARISH CONFIRMATION (OI FLAT)

Analysis & Institutional Flow

For the CFTC report week ending 2026-07-28, COMEX Gold futures closed at $4036.30. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 119,795 contracts.

Week-over-Week Shift: Open Interest expanded by 1,235 contracts compared to the prior report (2026-07-21), while Gold's net Managed Money position decreased by 5,036 contracts.

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