Traders scaled back their open interest positions in Gold futures markets by around 13.4K contracts on Wednesday, as per flash data from CME Group. In the same line, volume extended the choppy activity and shrunk by nearly 160.5K contracts. Gold faces extra consolidation Declining open interest and volume amidst inconclusive price action in the ounce troy of gold leaves the consolidative scenario unchanged for the time being at a time when developments from the coronavirus are expected to keep driving the mood in the risk appetite trends. 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 Italy’s Castelli: Govt likely to increase value of measures to tackle coronavirus to EUR5 bln FX Street 2 years Traders scaled back their open interest positions in Gold futures markets by around 13.4K contracts on Wednesday, as per flash data from CME Group. In the same line, volume extended the choppy activity and shrunk by nearly 160.5K contracts. Gold faces extra consolidation Declining open interest and volume amidst inconclusive price action in the ounce troy of gold leaves the consolidative scenario unchanged for the time being at a time when developments from the coronavirus are expected to keep driving the mood in the risk appetite trends. 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.
