Traders increased their open interest positions by nearly 2K contracts on Thursday according to preliminary data from CME Group. In the same line, volume rose for the second session in a row, this time by around 37.1K contracts.
Gold looks side-lined below $1,900/oz
Gold prices charted an inconclusive session on Thursday amidst rising open interest and volume, exposing further consolidation at least in the very near-term. That said, the next hurdle of note remains at the $1,900 per ounce for the time being.
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