Smart Money (COT)

Official CFTC data · Weekly report (positions as of Tuesday) · Gauge = Large Specs net position vs. 3-year range

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Positioning Tension · 9 Markets

How to read (3 lines): Bar full-right (P90+) = Large Specs holding heaviest long in 3 years — bullish fuel nearly exhausted, watch for reversal zone · Bar full-left (P10−) = opposite · Middle range = no extreme signal · This is a compass, not a clock — Extreme can persist for weeks. Always use with liquidity map + market mode (full theory: Smart Money (COT) 101)

Gold 2026-06-09

Positioning Tension (3Y)P33 Neutral

Large Specs Net Position+173,837 (-2,183 WoW)

Commercials Net Position-201,036

Large Specs net · 52 weeks (left = oldest)

Silver 2026-06-09

Positioning Tension (3Y)P16 Neutral

Large Specs Net Position+22,214 (-1,712 WoW)

Commercials Net Position-40,368

Large Specs net · 52 weeks (left = oldest)

EUR 2026-06-09

Positioning Tension (3Y)P21 Neutral

Large Specs Net Position+13,932 (-34,934 WoW)

Commercials Net Position-38,085

Large Specs net · 52 weeks (left = oldest)

JPY 2026-06-09

Positioning Tension (3Y)P7 Short Extreme

Large Specs Net Position-145,818 (-16,251 WoW)

Commercials Net Position+142,369

Large Specs net · 52 weeks (left = oldest)

GBP 2026-06-09

Positioning Tension (3Y)P6 Short Extreme

Large Specs Net Position-64,213 (-11,995 WoW)

Commercials Net Position+75,870

Large Specs net · 52 weeks (left = oldest)

AUD 2026-06-09

Positioning Tension (3Y)P83 Neutral

Large Specs Net Position+18,160 (-23,652 WoW)

Commercials Net Position-36,669

Large Specs net · 52 weeks (left = oldest)

DXY (Dollar Index) 2026-06-09

Positioning Tension (3Y)P44 Neutral

Large Specs Net Position+1,384 (-2,374 WoW)

Commercials Net Position-3,599

Large Specs net · 52 weeks (left = oldest)

S&P 500 (E-mini) 2026-06-09

Positioning Tension (3Y)P12 Neutral

Large Specs Net Position-205,644 (+15,124 WoW)

Commercials Net Position+90,660

Large Specs net · 52 weeks (left = oldest)

Bitcoin (CME) 2026-06-09

Positioning Tension (3Y)P100 Long Extreme

Large Specs Net Position+3,018 (+560 WoW)

Commercials Net Position-2,906

Large Specs net · 52 weeks (left = oldest)

Heavy negative Commercials net in Gold is normal — miners/banks hedge physical holdings, not a concern · Numbers = futures contracts on COMEX/CME/ICE · Source: publicreporting.cftc.gov (public CFTC disclosure) · Auto-refreshed — new report releases Friday night (Saturday morning Thailand time)

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