Gold Futures: A deeper drop seems unlikely By pabspiovano Gold Commodities Metals OpenInterest Futures
Gold: Extra gains seen above $1950prices retreated moderately on Wednesday amidst shrinking open interest, which should leave the prospect for a deeper correction somewhat curtailed in the very near term. In the meantime, the precious metal should clear the recent tops at $1950 to allow for further gains to, initially, the YTD peak at $1974 .
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