Gold Futures: Further rebound unlikely

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Gold Futures: Further rebound unlikely Gold Commodities Metals OpenInterest Futures

s from CME Group. Volume followed suit and went down by around 91.2K contracts, reversing the previous daily build.prices were amidst shrinking open interest and volume, and this is suggestive that a more serious rebound seems unlikely for the time being. That said, the precious metal appears poised for further consolidation in the very near term, with the floor around the $1930 region.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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