Gold Futures: Scope for further recovery By pabspiovano Gold Commodities Metals OpenInterest Futures
from CME Group. Volume, instead, dropped by around 5.5K contracts following two consecutive daily builds.prices was amidst a small build in open interest, which opens the door to a potential continuation of the ongoing bounce in the very near term. However, the imminence of the FOMC event and a potential hawkish outcome could force the yellow metal to lose further ground and test the key 200-day SMA, today at $1834.
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