CME Group’s preliminary data for Gold futures markets showed open interest rose by around 4.5K contracts on Tuesday. Volume, instead, reversed the previous build and shrunk by nearly 133K contracts, the largest single day drop since March 4th. Gold remains supported near $1,450/oz Tuesday’s inconclusive price action around the ounce troy of gold was amidst rising open interest and declining volume. All in all, further consolidation looks the most likely scenario in the very near-term, while decent contention still holds around the $1,450/oz area. 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 USD/JPY faces strong resistance in the mid-108.00s – UOB FX Street 2 years CME Group’s preliminary data for Gold futures markets showed open interest rose by around 4.5K contracts on Tuesday. Volume, instead, reversed the previous build and shrunk by nearly 133K contracts, the largest single day drop since March 4th. Gold remains supported near $1,450/oz Tuesday’s inconclusive price action around the ounce troy of gold was amidst rising open interest and declining volume. All in all, further consolidation looks the most likely scenario in the very near-term, while decent contention still holds around the $1,450/oz area. 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.
