May 25, 2020 Posted by: Analysis Team Category: Forex News No Comments Open interest in gold futures markets shrunk for the second session in a row on Friday, this time by around 2.5K contracts according to preliminary figures from CME Group. in the same line, volume dropped by around 37.5K contracts after two builds in a row. GOLD COULD TEST $1,675/OZ Prices of the ounce troy of the precious metal rose amidst declining open interest and volume on Friday, showing that short covering was behind the move up. That said, a move lower in gold remains on the table with the potential target at monthly lows around $1,675 per ounce. Share Add a comment Cancel reply post a comment Δ [vc_row css=”.vc_custom_1451998133493{margin-bottom: 30px !important;}”][vc_column][vc_btn title=”Open Live Account” style=”outline” color=”warning” size=”lg” align=”left” i_icon_fontawesome=”stm-home” css_animation=”flipInX” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Fsecure.rangeforex.com%2Faccount%2Flive|||”][vc_btn title=”Open Demo Account” style=”flat” color=”theme_style_3″ size=”lg” align=”left” i_icon_fontawesome=”stm-home” css_animation=”flipInX” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Fsecure.rangeforex.com%2Faccount%2Fdemo|||”][vc_btn title=”Open IB Account” style=”flat” color=”info” size=”lg” align=”left” i_icon_fontawesome=”stm-nokia_outline” css_animation=”flipInX” button_block=”true” add_icon=”true” link=”url:https%3A%2F%2Fsecure.rangeforex.com%2Faccount%2Fpartner|||”][/vc_column][/vc_row][vc_row css=”.vc_custom_1452056597103{margin-right: 0px !important;margin-bottom: 30px !important;margin-left: 0px !important;}” el_class=”third_bg_color”][vc_column css=”.vc_custom_1452056633692{padding-top: 37px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;}”][vc_custom_heading text=”how can we help you?” font_container=”tag:div|font_size:16px|text_align:left|color:%23222222″ google_fonts=”font_family:Poppins%3A300%2Cregular%2C500%2C600%2C700|font_style:600%20semi-bold%3A600%3Anormal” css=”.vc_custom_1451998719729{margin-bottom: 9px !important;}”][vc_column_text css=”.vc_custom_1502093369116{margin-bottom: 17px !important;}”]Have any query or Need any help Contact us via live chat, phone call or email we are here for you 24/5.[/vc_column_text][vc_btn title=”contacts” style=”flat” color=”white” size=”sm” i_icon_fontawesome=”fa fa-phone-square” add_icon=”true”][/vc_column][/vc_row]
