Gold Futures: Further downside appears not favoured – by pabspiovano Gold Commodities Metals OpenInterest Futures
consecutive session on Friday, this time by around 2.2K contracts according to preliminary results from CME Group. Volume followed suit and went down by around 30.6K contracts, reaching the third daily drop in a row.prices dropped for the third straight session at the end of last week. The downtick was on the back of diminishing open interest and volume and hints at the idea that extra weakness looks not favoured in the very near term.
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