Gold Futures: Scope for extra gains from freeamfva's blog

Gold Futures: Scope for extra gains

In light of flash data from CME Group for Gold futures markets, traders added around 6.1K contracts to their open interest positions on Thursday, reaching the second build in a row. Volume, instead, shrunk by more than 192K contracts, reversing the previous build.To get more news about WikiFX, you can visit wikifx.com official website.
Gold faces the next target at $1,900
  Thursdays continuation of the rally in gold prices was amidst rising open interest, which remains supportive of extra gains to, initially, the $1,900 mark per ounce troy, where is located a minor hurdle at a Fibo retracement of the January-March drop.


Previous post     
     Next post
     Blog home

The Wall

No comments
You need to sign in to comment

Post

By freeamfva
Added May 24 '21

Rate

Your rate:
Total: (0 rates)

Archives