Open interest in gold futures markets rose by around 1.6K contracts on Tuesday according to preliminary figures from CME Group. On the other hand, volume extended the choppiness and went down by around 114.3K contracts. Gold could recede to the $1,860 region Gold prices extended the downside on Tuesday amidst rising open interest, leaving the door open for the continuation of the ongoing move at least in the short-term horizon. That said, August’s low at $1,863 now emerges as the next potential target. 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: Rising odds for a move lower – UOB FX Street 1 year Open interest in gold futures markets rose by around 1.6K contracts on Tuesday according to preliminary figures from CME Group. On the other hand, volume extended the choppiness and went down by around 114.3K contracts. Gold could recede to the $1,860 region Gold prices extended the downside on Tuesday amidst rising open interest, leaving the door open for the continuation of the ongoing move at least in the short-term horizon. That said, August’s low at $1,863 now emerges as the next potential target. Top 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.
