Gold Futures: Strong recovery could take a breather Gold Commodities Metals OpenInterest Futures
Gold: Interim support emerges at $1870
prices advanced to new monthly highs near $1940 per ounce troy on Wednesday. The uptick, however, was accompanied by diminishing open interest and hints at the view that the current strong rebound could enter anin the very near term. Immediately to the downside, the 55-day SMA at $1872 should offer provisional contention for the time being.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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