Gold Futures: Further correction on the cards Gold Commodities Metals OpenInterest Futures
e than 5K contracts. Volume, instead, kept the choppiness well and sound and dropped by nearly 22K contracts.prices started the week on the back foot and closed below the $1850 mark on Monday. The move was on the back of increasing open interest, which is indicative that further weakness could be waiting for the precious metal in the very near term. Against that, a potential drop and visit to the key $1800 area per ounce troy should remain in store for the time being.
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