Gold Futures: A sustained decline appears unlikely

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Gold Futures: A sustained decline appears unlikely
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Gold Futures: A sustained decline appears unlikely Gold Commodities Metals OpenInterest Futures

from CME Group. Volume, instead, extended the upside for the fourth consecutive session, this time by more than 35K contracts.prices was on the back of declining open interest, which is suggestive that a deeper retracement seems out of favour for the time being. Against that, the resumption of the uptrend should retarget the YTD top at $2048 per ounce troy .Information on these pages contains forward-looking statements that involve risks and uncertainties.

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