Gold Futures: Rally has further legs to go

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Gold Futures: Rally has further legs to go Gold Commodities Metals OpenInterest Futures

at the same time two consecutive daily pullbacks. Volume followed suit and went up by around 17.3K contracts after three straight daily drops.prices rose markedly to new peaks past the $1930 mark per ounce troy on Thursday. The strong uptick was on the back of increasing open interest and volume and this is supportive of the continuation of the uptrend in the very near term. The next target of note, in the meantime, remains at the key $2000 mark.

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