Open interest and volume in Gold futures markets shrunk by around 11.7K contracts and by nearly 114.5K contracts, respectively, on Thursday, according to preliminary readings from CME Group. Gold remains focused on the $2,000 level Thursday’s negative price action in the precious metal was accompanied by shrinking open interest and volume, hinting at the probability that deeper/lasting pullbacks look marginal at least in the very near-term. With that in mind, Gold is still targeting a move to the psychological $2,000 mark per once in the sort-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 WTI Price Analysis: $40.85/80 guards immediate upside FX Street 3 years Open interest and volume in Gold futures markets shrunk by around 11.7K contracts and by nearly 114.5K contracts, respectively, on Thursday, according to preliminary readings from CME Group. Gold remains focused on the $2,000 level Thursday’s negative price action in the precious metal was accompanied by shrinking open interest and volume, hinting at the probability that deeper/lasting pullbacks look marginal at least in the very near-term. With that in mind, Gold is still targeting a move to the psychological $2,000 mark per once in the sort-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.
