Open interest in Gold futures markets reversed two consecutive daily builds and shrunk by around 17.1K contracts on Thursday according to preliminary data from CME Group. Volume, in the same line, prolonged the erratic performance and dropped by around 68.1K contracts. Gold still looks downwards Prices of the ounce troy of the precious metal attempted a mild recovery on Thursday. The move, however, was in tandem with diminishing open interest and volume, leaving the prospect of further gains limited in the very near-term. The next interim support for gold is seen at the 100-day SMA around $1,845 per ounce. 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 US Justice Department asks judge to allow Govt to ban WeChat from app stores – Reuters FX Street 2 years Open interest in Gold futures markets reversed two consecutive daily builds and shrunk by around 17.1K contracts on Thursday according to preliminary data from CME Group. Volume, in the same line, prolonged the erratic performance and dropped by around 68.1K contracts. Gold still looks downwards Prices of the ounce troy of the precious metal attempted a mild recovery on Thursday. The move, however, was in tandem with diminishing open interest and volume, leaving the prospect of further gains limited in the very near-term. The next interim support for gold is seen at the 100-day SMA around $1,845 per ounce. 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.
