Open interest in gold futures markets reversed three consecutive daily pullbacks and increased by around 4.9K contracts on Tuesday according to flash data from CME Group. On the other hand, volume shrunk for the second session in a row, this time by around 33.3K contracts. Gold now targets $1,900/oz The weekly recovery in gold prices seems to have further legs to go in light of Tuesday’s positive price action against the backdrop of rising open interest. That said, the next hurdle of relevance now sits at the key $1,900 mark per ounce in the short-term horizon. 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 GBP/USD seen advancing to the 1.3760 region – UOB FX Street 2 years Open interest in gold futures markets reversed three consecutive daily pullbacks and increased by around 4.9K contracts on Tuesday according to flash data from CME Group. On the other hand, volume shrunk for the second session in a row, this time by around 33.3K contracts. Gold now targets $1,900/oz The weekly recovery in gold prices seems to have further legs to go in light of Tuesday’s positive price action against the backdrop of rising open interest. That said, the next hurdle of relevance now sits at the key $1,900 mark per ounce in the short-term horizon. 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.
