Gold Futures: Rebound in the offing?

Gold could revisit the $1,770 region

Monday’s drop to multi-session lows near $1,730 was amidst shrinking open interest and this is supportive of a short-term rebound inInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold Futures: Further downside appears not favouredOpen interest in gold futures markets shrank for the 5th consecutive session on Friday, this time by around 2.2K contracts according to preliminary re
Source: FXStreetNews - 🏆 14. / 72 Read more »

Natural Gas Futures: Potential bounce on the cardsIn light of advanced figures from CME Group for natural gas futures markets, open interest reversed two daily builds in a row on Friday and decreased
Source: FXStreetNews - 🏆 14. / 72 Read more »