Traders added around 2.3K contracts to their open interest positions in gold futures markets on Wednesday, according to preliminary figures from CME Group. Volume, instead, went down by almost 60.7K contracts, prolonging the choppy activity. Gold looks capped near $1,750/oz Wednesday’s negative price action in the ounce troy of gold was amidst shrinking open interest, which could be indicative that the recent rally is running out of steam. That said, extra gains look limited around the $1,750 per ounce 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 UK’s Hancock: it’s too early to lift the lockdown despite coronavirus outbreak peaking FX Street 2 years Traders added around 2.3K contracts to their open interest positions in gold futures markets on Wednesday, according to preliminary figures from CME Group. Volume, instead, went down by almost 60.7K contracts, prolonging the choppy activity. Gold looks capped near $1,750/oz Wednesday’s negative price action in the ounce troy of gold was amidst shrinking open interest, which could be indicative that the recent rally is running out of steam. That said, extra gains look limited around the $1,750 per ounce 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.
