Traders scaled back their open interest positions in gold futures markets for the second session in a row on Tuesday, this time by around 4.1K contracts in light of preliminary figures from CME Group. Volume, instead, reversed Friday’s pullback and rose sharply by nearly 154K contracts. Gold remains supported by $1,800/oz Gold closed Tuesday’s session with small gains amidst an inconclusive price action and shrinking open interest. That said, extra gains look somewhat contained in the very near-term, while the next resistance lines up at $1,900 per ounce and decent support so far emerged in the $1,800 neighbourhood. 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 Japan PM Suga: To decide based on jobs situation whether to extend special employment support FX Street 2 years Traders scaled back their open interest positions in gold futures markets for the second session in a row on Tuesday, this time by around 4.1K contracts in light of preliminary figures from CME Group. Volume, instead, reversed Friday’s pullback and rose sharply by nearly 154K contracts. Gold remains supported by $1,800/oz Gold closed Tuesday’s session with small gains amidst an inconclusive price action and shrinking open interest. That said, extra gains look somewhat contained in the very near-term, while the next resistance lines up at $1,900 per ounce and decent support so far emerged in the $1,800 neighbourhood. 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.
