CME Group’s advanced figures for Gold futures markets noted open interest increased by nearly 2.7K contracts on Thursday, resuming the previous uptrend. Volume, on the other hand, reversed two consecutive builds and shrunk by around 81.7K contracts. Gold could test the 55-day SMA at $1,726 The ounce troy of Gold has receded from recent peaks amidst increasing open interest, supporting the idea that extra losses remain in the pipeline. That said, the 55-day SMA, today at $1,726, emerges at the next target to the downside. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Asian stock market: Trades mixed amid sluggish markets FX Street 3 years CME Group’s advanced figures for Gold futures markets noted open interest increased by nearly 2.7K contracts on Thursday, resuming the previous uptrend. Volume, on the other hand, reversed two consecutive builds and shrunk by around 81.7K contracts. Gold could test the 55-day SMA at $1,726 The ounce troy of Gold has receded from recent peaks amidst increasing open interest, supporting the idea that extra losses remain in the pipeline. That said, the 55-day SMA, today at $1,726, emerges at the next target to the downside. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
