Open interest in gold futures markets reversed two daily pullbacks in a row and increased by nearly 3K contracts on Thursday, in light of preliminary figures from CME Group. Volume, instead, partially reversed the previous build and shrunk by around 59.3K contracts. Gold still looks supported near $1,800 Thursday’s inconclusive price action in gold prices was against the backdrop of rising open interest, opening the door to the continuation of some consolidation or even bouts of strength in the very near-term. In the meantime, the $1,800 mark per ounce remains a solid support for the time being. 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 PBOC: Surge in interbank rates is a hawkish signal – Capital Economics FX Street 1 year Open interest in gold futures markets reversed two daily pullbacks in a row and increased by nearly 3K contracts on Thursday, in light of preliminary figures from CME Group. Volume, instead, partially reversed the previous build and shrunk by around 59.3K contracts. Gold still looks supported near $1,800 Thursday’s inconclusive price action in gold prices was against the backdrop of rising open interest, opening the door to the continuation of some consolidation or even bouts of strength in the very near-term. In the meantime, the $1,800 mark per ounce remains a solid support for the time being. 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.
