Gold Futures: Further losses not ruled out – by pabspiovano Gold OpenInterest Futures Commodities Metals
ry readings from CME Group. Volume, instead, reversed four consecutive daily builds and shrank by around 34.7K contracts.prices tumbled to levels last seen in September 2021 near $1,730 per ounce troy on Wednesday. The sharp pullback was amidst rising open interest, which leaves the door open to extra decline in the very near term. The marked drop in volume coupled with oversold levels could, however, encourage a technical rebound.
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