Gold Futures: Looks neutral/bearish near term

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Gold Futures: Looks neutral/bearish near term By pabspiovano Gold Commodities Metals OpenInterest Futures

Gold faces extra gains on a close above $1,900prices charted an inconclusive session on Friday amidst rising open interest, which should be supportive of some consolidation in the very near term. The drop in volume, in addition, could spark some corrective downside at the same time. The yellow metal is expected to extend the rally above $1,900 per ounce troy.

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